Probably not, because they're not nutritionally equivalent, most of those formulas.
In the first two years of life—which is not your question—the concern there is about the developing child and their need for protein and their need for calories. That's why we use whole milk in the first two years of life.
Sorry, let me qualify that. From one year to two years of life the recommendation is whole milk, or breast milk, preferably. After two years of life we don't advocate that as an equivalent choice.