Yes, with regards to performance, Nvidia GeForce RTX 2060 outperforms, Radeon RX 5500 XT by 56.5% in 3Dmark benchmark.
The RTX 2060 is more energy-efficient considering its performance, having power consumption of 160 watts and a 3DMark score of 7601. By comparing its benchmark score to its power consumption, we get an efficiency score of 48. RX 5500 XT's efficiency score is 37 .So RTX 2060 leads by 29.7%, making it the smarter choice in terms of power consumption.
RTX 2060 price to performance rating is lower than RX 5500 XT's. RX 5500 XT offers 44.0% better value fo money.