No. Traditional illuminated reticles don't have the same flare response for shooters with astigmatism. I have TERRIBLE astigmatism in my right eye, although I do shoot a lot of red dot sights, so my red dot reticles look like bug splats. My illuminated reticles all appear crisp and clean.
The two don't work in the same way - illuminated reticles are "shining" onto the wire or etched reticles, whereas red dot sights are reflecting the collimated laser back to the shooter.