It depends.
Some companies use octos that are the same as the balanced or unbalanced second stages they sell as primary second stage regulators. In those cases the only difference is that the octo may have red, yellow or orange colored trim pieces or a colored LP hose. In some cases, the inhalation effort is also set a little higher on the octo to make it more freeflow resistant.
Other companies have a designated octo that is almost always a very basic lower performance unbalanced second stage.
It is nice to be able to pick an octo that meets your specfic needs. If all you do is shallow recreational dives, an inexpensive unbalanced octo, may be adequate. However if you do deep diving or dive in more challenging conditions or environments, it is often important that you have an octo or back up regulator that is at least as high quality as your primary. In that case the octo may well be the same high quality, high performance balanced model as the primary and may be set to provide a similarly low work of breathing.