It does not, those are just very inefficient tracing profilers. You can literally trace C programs in 10-30% overhead. For Python you should only accept low single-digit overhead on average with 10% overhead only in degenerate cases with large numbers of tiny functions [1]. Anything more means your tracer is inefficient.

[1] https://functiontrace.com/

That's... intriguing. I just tested out functiontrace and saw 20-30% overhead. I didn't expect it to be anywhere near that low.