Yea, they are both capable of doing the same job, but one comes with a $104.01 piece of paper that proves that a clerk in an office stamped another piece of paper and filed it away in a cabinet, which makes it legal to use with a certified airplane.
You can take just about any measuring tool to a calibration company and get the certificate. Indeed, you MUST do this on a regular basis: calibration is a set of measurements of a system over time. Single-point-in-time calibration is worthless for showing drift. You can also get things tested at a range of temperature and humidity levels, high-grade lab standards may get calibrated at multiple temperature & humidity levels every 6 months.