Yes, it's just different ways of reporting the same thing. There are several different clock speeds involved with reporting memory specs.
DDR ram running at 500mhz bus transmits data twice per bus clock, so it's effective bus speed is 1ghz.
It's the same with your main ram. For example, DDR4-2133 is running at 1066mhz bus clock speed.
GDDR5 is QDR or quad pumped, so you get a multiple of 4.