Is wrapped ETH the same as ETH?

Could you please clarify for me if wrapped ETH is essentially the same as ETH? I've heard the term "wrapped" in relation to cryptocurrencies, but I'm not entirely sure how it differs from the original asset. Is wrapped ETH simply a representation or version of ETH that can be used on different blockchains or platforms? Or does it have unique properties or functions that distinguish it from regular ETH? I'm trying to understand the nuances of this concept and how it fits into the larger cryptocurrency ecosystem. Thank you for your assistance.