ΔE 33.8, loose: different enough that you should pick on purpose. Ink Blue is noticeably darker, more muted, cooler than Quinacridone Magenta.
Not as a straight swap; see the closer alternatives below. Loose match (ΔE 34). Ink Blue is noticeably darker, more muted, cooler than Quinacridone Magenta.
The same difference applies the other way round: Quinacridone Magenta is noticeably lighter, more saturated, warmer.
ΔE is the colour difference between our two swatch estimates: under about 6 is close, over about 15 is loose. Real paints also differ in finish, coverage and how they thin, so test before you commit.
See Quinacridone Magenta on the colour wheel See Ink Blue on the colour wheel
All matches: Quinacridone Magenta equivalents · Ink Blue equivalents