Although sriracha currently has no parallel in the culinary world, it’s spicy cousin sambal oelek is slowly giving it a run for its money. These two chili-based sauces have a lot in common, from chili, salt, vinegar and water, so much is the same. The difference comes down to the garlic and sugar used in sriracha sauce and of course in the cooking methodology.
It's why cajun spice isn't just spicy. It also has a distinct earthy, smoky flavor. While this flavor profile is good news, you have to make sure you tweak the measurement of the other spices and herbs used in your recipe.