Both are Al alloy. My Radical toes and Speed Turn 2.0 toes have held up fine.
It's more about design and cross section than Al alloy vs. steel. Have any Radical Al alloy toe wings failed? Speed Turn 2.0? None that I've heard about. 2000- and 7000-series Al alloy of the correct spec for the piece has higher strength-to-weight than carbon steel, similar to the correctly spec'd alloy steel but Al alloy would be stiffer for this application because a steel wing from, say, 4130, that's only 5-10g heavier would be thin and flex too much.
Plum toe wings failed because they had insufficient material around the tool steel pincer. I called that out when I first saw them. Contrast the material surrounding Radical and Speed Turn 2.0 pincers.