I have had a legitimate schizophrenic break, which lasted to some extent several months. It has been at least two years since I have had any signs or symptoms of schizophrenia... and this break was undoubtedly caused by a combination of Ketamine abuse, benzo withdrawl, and extreme stress circumstances in my life at the time.
Anyway, I can tell you that SCZ is nothing like tripping on any typical psychedelic. It is mostly like being paranoid, delusional, and you may also see and hear things that are not there which serve to reinforce your delusions. It's like making up your own horrible reality and you keep making up things to reinforce its validity.
Yes at one point I did hallucinate UFOs, think cell phone towers were mind control devices, and believe a part of the population was reptilian or alien. I also had dreams where the devil was trying to fuck with me, and had religous delusions as well. I thought the apocalypse was near. Fear and paranoia were constant.
So anyway to answer your question, NO.
Even the worst bad trip is nothing compared to paranoid schizophrenia.