Unlikely. What you gain in internet privacy and security, you lose in speed.
Some VPN vendors claim that they can reduce ping time by routing your traffic data to game servers more efficiently. You may also find service providers that promise to connect you to game servers that deliver better performance.
Diverting your online communications to a VPN server, however, will almost always drive up your ping time. But the increase can be negligible if you use a reliable vendor and connect to a geographically closer server.
Also, VPN use isn’t the only factor that can negatively impact ping. Your base internet connection may be slow or your device may be sluggish in the first place.