Yes coconut oil differs from beef tallow typically due to the High Lauric acid and MCT content. Coconut oil has been shown to raise HDL cholesterol, lower inflammation due to its high level of antioxidants, and also support digestive health.
Coconut oil is much more similar to animal fats in that it is mostly saturated fatty acids. Saturated fats are essential to life as they make up over 50% of the cell membranes in every animal. They Also have been shown to raise HDL cholesterol. Also due to saturated fats having a single bond they are much less likely to oxidize and form free radicals when cooking unlike polyunsaturated and monounsaturated oils most people use today.