Let's compare quickly to a Brand X. I'll choose string theory. Concrete forms of string theory have been proposed, and they predict surprising things that folks could not have easily predicted; in particular, supersymmetry and multiple compactified dimensions are concrete predictions that could be tested with particle accelerators, and we have tested (and rejected!) some supersymmetries this way.
String theory also predicts some things that are congruent with existing theories but, by dint of building them differently, gives different predictions for how they work. In this, we get new explanatory power. For example, string theory predicts fuzzball black holes, giving a resolution to the firewall problem. All string theories have tachyons, which is surprising but would not be the first time that they've shown up theoretically, and they solve some questions about spacetime (while opening many others!) Some string theories have photons and gravitons, which can unify our existing conflicts between GR and QM.
And, crucially, string theory admits narrowing of conjectures and explanatory regimes. It's easy to take a string theory, combine it with an observation from a satellite or a particle accelerator, and conclude that no, the theory was wrong. Horribly wrong, completely wrong, totally wrong. String theory is actually sufficiently formal that the current source of realizing wrongness is from "swampland" critiques, which are merely observations that a working string theory ought to pass some basic arithmetic sanity checks.
Sure, maybe my conclusions are premature. As a cousin comment notes, though, a particle theory that doesn't immediately spit out the Standard Model is a little suspect, and one that admits basically any model of particle physics is also a little suspect.