It is not literally the same. The colors you perceive on the screen in front of you demonstrate why. That banner above is not orange; it’s red and green. You don’t actually have the ability to distinguish a varying frequency between red-orange and yellow-orange, and two amplitude modulated “carriers” at red and green.

That’s the hallmark of an analogy. It gives the general idea, but breaks down if we interrogate it in too much detail.