That’s interesting that you ask this @audiodwebe as I did an experiment just the other day.
My system is a high-end system (Vitus amplification, top of the range Boenicke speakers). I have two identical SOtM sms-200 streamers which I connected back to the switch with identical cables. I then connected each with identical USB cables to two different DACs, one costs $1500 and one $25000. I grouped the two SOtMs on Roon so that my chosen music played simultaneously through both DACs. I attached these to two different amp inputs and volume matched the input, so it became possible to flip between them instantly from the remote, in real time.
Before the start I would flip between inputs at rapid speed so that I had no idea which was playing first. I made notes.
The result was that I could not reliably tell which was playing as they both sounded identical. At one point I was convinced the more expensive one one was flowing more naturally and had the a more realistic timbre of instrument. But when I tested myself I could not reliably pick out the more expensive DAC.
My conclusion is to spend your money elsewhere in the system.