Morphology, even dendro-microscopic architecture of the wood might be the same or very similar, but there are other properties which might be relevant for strength, e.g. average thickness and spacial distribution of the cell wall material, subtle changes in biochemical composition which are yet significant for strength property changes etc. All these changes might not be readily discernible on a microscopic wood slice. Soil, pollution, changing fungal, bacterial pathogens, types of insect predation, type of mixed forest environments affecting stages of early ( under the forest canopy) and late growths, climate etc. could be very important, yet not recognized factors leading to a different strength phenotypes.
It would be an interesting forestry science or engineering project for students to gather uniformly selected and dried specimens of shagbark and pignut hickory wood from a similar time frame and across the current ranges of the two species and test the mechanical properties of the sap-, heart- and transition wood at a given humidity and after repeated cycles of humidity change.
That would clarify a lot about the things we debate here, and would be more convincing for what to select today than century old studies or experiences from any craftsman, even if they are so vast as those of Bernie. They might even support Bernie’s experience.