Maybe I've just seen the Disney shows too many times, but I think Universal's live entertainment lineup is a little stronger on the whole. Everything in Diagon, Horror Makeup, Poseidon, Fallon, Fish Market, and even smaller stuff like the Fountain and the Raptor Encounter feel fresh and entertaining.
There are certainly weak links (Frog Choir, Grinchmas' production value), but there are few, and their best seems to match Disney's best (Citizens, Lion King.) Disney wipes the floor with them when it comes to nighttime spectaculars, though, and Uni could benefit from another full-length, indoor show.