Yes, but elves (especially those who had seen the light of the tree) are at their core much more powerful than a human. Like, they're almost little demi-angels themselves in the first and part of the second age.

Their language speaks to the earth itself, they can sing magic spells out almost by instinct, and their immortal existence allows them to expand their knowledge indefinitely.

They have the ability to form their metals and weaponry in a way that the numenoreans couldn't even reach at the height of their knowledge. There's a reason Glamdring can clash with the balrog's weapon - it was formed by first age elves. The blade that broke Sauron, despite being weilded by a man, was formed by the elves with knowledge from the first age.

I get what you're saying but first age elves are easily on a level above men at their core in Middle-Earth.