This product range is pretty bad. The USB-C is the worst one, it doesn’t have pressure sensitivity ! But you can’t really tell from the names alone.

Should’ve been Apple Pencil Pro > Apple Pencil 2 > Apple Pencil > Apple Pencil Light

They need to find a better name for their “lower end” products, because “SE” isn’t cutting it, and “iPhone 16e” just looks like a typo.