And all this is before the actual winner of SHA3 comes into the picture. With parameters as specified by SHA3 it's a lot slower than BLAKE3, but it is my understanding (IANAC) that
(1) The SHA3 security margin can safely be decreased, as NIST set the security requirements too high. This is one of the reasons for the speed difference.
(2) The sponge-based crypto popularized by Keccak (the SHA3 winner) is much more amenable to cryptanalysis than the more traditional crypto such as the functions in the Blake family. This means that Blake's security would be less sure even had it received the same level of scrutiny. But AFAIK Blake received much less scrutiny than Keccak, or even other sponge-based functions, such as the ones in the NIST Lightweight Crypto competition.