As @LeftyJ touched upon, it can be an active bass. It also has a series/parallel switch. And, I guess, a kill switch (which can easily unintentionally be activated ๐
). These I would say are above what a standard jazz can do.
On the things that are different, and perhaps less that a jazz can do: it only has a master volume and a master tone - and switch to turn on or off each pick up. So no VVT and no blending.