ΔE 8.1, close: similar, with a visible difference side by side. Purple Shadow is a little darker, cooler than Dread Red.
Usually, if you are not matching paint already on the model. Close match (ΔE 8). Purple Shadow is a little darker, cooler than Dread Red.
The same difference applies the other way round: Dread Red is a little lighter, 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 Dread Red on the colour wheel See Purple Shadow on the colour wheel
All matches: Dread Red equivalents · Purple Shadow equivalents