Draisaitl can do it all offensively; beat a defender 1-on-1 with skill/reach/speed/strength, exploit gaps in coverage with positioning and/or one-touch plays, passes extremely well, shields the puck extremely well, is an elite shooter, owns A++ Hockey IQ and creativity. Basically, Draisaitl's entire offensive toolkit is elite.
Then you also look at Draisaitl's off-puck offensive play, and suffice to say that it's also great. He can force movement in D-zone coverages through anticipation and body position, wins puck battles like it's nobody's business, and just dominates possession out there when in the offensive zone.
Simply put, Draisaitl's absolutely amazing and doesn't get near as much respect by other fanbases aside from the Oilers' as he should.
But his work ethic defensively, and overall defensive abilities do leave quite a lot to be desired. And that is an important criterion to base any evaluation of his play on considering that Draisaitl plays a lot of center ice duties for the Oilers.
When put into direct comparison with Malkin, those defensive woes of Draisaitl basically clinch the set, game, and match in Malkin's favor though Malkin himself was never much more than a bit above-average defensively.
Although I'd say that Draisaitl's offensive toolkit is even better/more complete than Malkin's was, that certainly hasn't translated to a peer-to-peer statistical dominance that would transcend Malkin's, quite the contrary.
Malkin's peak was unarguably better than Draisaitl's peak, and his prime boasts at least equivalent production offensively compared to his peers, all of which with a much better defensive impact than Draisaitl's.
The only way I could see Draisaitl ranking higher than Malkin on All-Time lists after their careers are done is if he both wins multiple Stanley Cups like Malkin did, but also shows greater longevity than Malkin offensively by contending for Art Rosses into his 30s, something that Malkin failed to do.