They're starkly different.
Lacey is silly and fleecy,
Elizabeth is heavy and traditional and conventional.
Lacey is pale and pastel, bluish and yellowish,
Elizabeth is a solid red brick 🧱
masculine list:
https://www.behindthename.com/pnl/191050/124079feminine list:
https://www.behindthename.com/pnl/191050/124080