Even though it's claimed that it powers many of Google's websites, most of those websites are very far from being paragons of performance.
Other sites like Photos are fast and performant, but I wonder if it's due to whatever perceived advantages of Wiz or due to the team actually caring: https://medium.com/google-design/google-photos-45b714dfbed1
Edit: replaced incorrect link with a correct one
Wiz is designed to make it harder to get bad metrics if performance is not your top goal.