Any merit to MSSQLSERVER Trace from logman as opposed to XEvent Package 0
You can take a look at Jonathan's post here: An XEvent a Day (10 of 31) – Targets Week – etw_classic_sync_target

The provider you see in logman is for using the Event Tracing for Windows. I have never used it but from what I understand it is more for tracking events from your application or the Windows OS back into SQL Server. I do not think it is something that can be used to just track general performance of SQL Server like you would with an XEvent session you create in SQL Server.