The answer is No. While they may share some similarities, they are two different plants. The Difference Between them is, that Hoya carnosa Tricolor is a variety of the Hoya carnosa species, while Krimson queen is its own unique plant. While they may both be used for ornamental purposes, they have different colors, textures, and shapes. If you're looking for a plant with deep red leaves, Krimson queen is the better option. If you're looking for a plant with variegated leaves, Hoya carnosa Tricolor is a better choice.