Exactly, and I think the gap is going to shrink a bit more. To be honest, if you are running 1080p 60hz, I'd go as far as saying you won't see any difference at all right now. When it was vs Kaby lake, it was like a 10% difference. But as they improve the architecture on it and bump clock speeds higher, I think you will find that they get a lot better. Kind of like remember when Intel first came out with Sandy Bridge and how far they've come along since then. I think you will see a similar type progression hopefully.
The other big thing intel does not have in my opinion right now, is the bang for the buck. For example, newegg has the Ryzen 5 1600 for 190 right now. A B350 board to overclock with can be had for as little as 60 for the cheapest board. With intel, i5 8400, 190, can't overclock, cheapest board on newegg is 104. So I'm saving 40 bucks on the board, and getting a cpu that can overclock, and has hyperthreading whereas the intel does not. But you do sacrifice a little IPC for that. But if you are someone on a budget, that 40 dollars can be the difference between say a gtx 1050 or 1050ti for example.