ΔE 10.7, fair: the same colour family, but not a straight swap. Phoenix Orange is a little darker, more saturated, cooler than Rust.
Only where an exact match doesn’t matter, such as a new unit or a highlight. Fair match (ΔE 11). Phoenix Orange is a little darker, more saturated, cooler than Rust.
The same difference applies the other way round: Rust is a little lighter, more muted, 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 Rust on the colour wheel See Phoenix Orange on the colour wheel
All matches: Rust equivalents · Phoenix Orange equivalents