Earlier quoted context omitted.
Sure they'll never have quite the same cachet, but it's the same anywhere - UCLA/Stanford/Yale are extremely respected but nevertheless not Harvard or MIT. No doubt someone more familiar would say not all IITs are equal, but Bombay, Bengaluru & friends lead the pack. &c.
Probably Berkeley (not UCLA) is the top-tier UC. Yale is part of the Ivy League and was founded ~65 years after Harvard. Also ranking #1-#2 for producing US presidents, Harvard-Yale is probably a somewhat better US university analog to Oxford-Cambridge. Stanford is well-regarded and may be a solid competitor to Harvard in a number of ways (#1 in Turing awards, #2 in VC-backed startups behind Berkeley, etc.) but it wa…
Anyway, I don't think the specifics really matter, point is it's not unusual to have a bunch of extremely good universities and then a handful or fewer that are for whatever reason the first-to-mind 'best' ones.