I'm not a Lisp person. But...
XML and Lisp both have uniformity. What you can express in Lisp, you can express in XML. That's formally true.
But once you've seen S-expressions, XML is so verbose that you want to throw up. You could do what Lisp does in XML, but your fingers would fall off from all the typing, and your eyes would glaze over from reading all the verbiage. You'd fall asleep before you got to the point.
It's really hard to overstate how disgustingly ugly XML is after you've seen the same thing done in S-expressions. I knew XML, and then I learned what S-expressions are (though I don't program in Lisp), and the next time I saw XML I was shocked at how ugly, tedious, and verbose it was.
So, yes, they're equivalent, and no, they're not. The verbosity matters, and it kills the usefulness of XML as a programming language. You could do it, but nobody wants to.