Yeah, it's not aerobic at all, unless you're doing 1 set of 100,000.
Depending on the exertion you put forth, a different energy system is going to be utilized by the body.
* Deadlifts: ATP Creatine Phosphate
* Cardio: Aerobic
That shouldn't even pass the sniff test, yes? If you would like to test the theory, I'll run for 5 weeks, you deadlift, then we'll test our aerobic thresholds (or whatever else you'd like to do!) :)