I remember reading somewhere that sqrt() is a special case that is guaranteed by the IEEE specification to be rounded correctly. I'll look that up to find a source. It should be a little faster too, because it only has to handle one case.
Even if they were the same, it's nice to have a builtin alias for a commonly used function!
Edit: According to the IEEE-754, both the pow() function and sqrt() are supposed to be implemented such that the rounded value is the closest possible floating point representation to the real value. However, sqrt() should still be faster.