Yes, except youtube history. Not sure the turning off actually does anything.
It refuses to show me an algorithmic home page entirely, the only option is the chronological subscriptions feed. Perfect!
Video suggestions in the sidebar are always (mostly) relevant to the video I'm currently watching.
Opening youtube.com in a fresh, logged-out browser session gives me a blank home page, with this dialog:
> Your YouTube history is off
> You can turn on watch and search history at any time to get the latest videos tailored to you.
> To update your selection, turn on YouTube History and confirm your settings to accept the use of cookies and data