No he doesnt. And your argument falls apart because we have CBs who are better on the ball than Smalling but dont play
Matches: 24 for Lindelof, 17 for Smalling (so this needs to be taken into consideration):
Clean sheets: Lindelof 6 - 4 Smalling (tie)
Tackes: Lindelof 30 - 21 Smalling (tie)
Tackles success: Lindelof 60% - 52% Smalling (advantage Lindelof)
Last man tackles: Lindelof 1 - 0 Smalling (small sample)
Blocked shots: Lindelof 2 - 2 Smalling (small sample)
Interceptions: Lindelof 18 - Smalling 15 (slight advantage Smalling)
Clearances: Lindelof 102 - Smalling 75 (tie)
Headed clearance: Lindelof 53 - 28 Smalling (advantage Lindelof)
Recoveries: Lindelof 115 - 59 Smalling (advantage Lindelof)
Duels won %: Lindelof 65% - 63% Smalling (tie or slight advantage Lindelof)
Successful 50-50s: Lindelof 8 - 1 Smalling (advantage Lindelof)
Aerial battles won %: Lindelof 63.9% - 64% Smalling (tie or slight advantage Smalling, makes more attempts at them)
Fouls: Lindelof 16 - 13 Smalling (tie or slight advantage Lindelof)
In reality it is extremely close between them in terms of stats, though Lindelof has arguably slightly better defensice stats than Smalling. The only thing Smalling does better are interceptions, where Smalling does 0.13 interceptions more than Lindelof per match (which over course of a season is 5 more interceptions). Lindelof is quite a bit better at tackling and successful 50-50s, while might have some smaller advantage in duels won (though Smalling attempts a bit more of them). Surprisingly, they have the same success rate of aerial battles won, but the impression here seems to be that Smalling is a Van Dijk in the air, while Lindelof is average at it.
Now, where Lindelof shines in comparison to Smalling is the build-up play:
Passes per match: Lindelof 49.4 - 40.2 Smalling
Pass accuracy: Lindelof 89% - 87% Smalling
Assists: Lindelof 1 - 0 Smalling
Big chances created: Lindelof 4 - 0 Smalling
Accurate long balls: Lindelof 50 - 34 Smalling
Goals: Lindelof 1 - 1 Smalling
Of course, you can expect Lindelof to improve (this is only his second season here, and fourth season in general) while Smalling is more or less the finished article.