Early Times is often considered a bourbon, although it is not marketed as such. It is made using the same basic process as bourbon, with a mash bill of at least 51% corn and aging in new charred oak barrels. However, Early Times is aged for a shorter period of time compared to traditional bourbons, which gives it a slightly different flavor profile.
In terms of taste, Early Times does have some similarities to bourbon. It has a rich and smooth character, with notes of caramel, vanilla, and oak. The fruitiness and sherry sweetness you mentioned in your question also contribute to its overall flavor profile. These flavors are often associated with bourbon, making Early Times a pleasant option for those who enjoy the classic bourbon taste.
However, it is worth noting that Early Times may not have the same depth and complexity as some older, more mature bourbons. The shorter aging process can result in a slightly lighter flavor profile, although this can also make it more approachable for those who are new to bourbon or prefer a milder taste.
While Early Times may not have the exact same flavor profile as a 3-year-old bourbon, it does share many similarities and can be enjoyed by bourbon enthusiasts. Its fruitiness, sherry sweetness, and smoothness make it an interesting option for those looking for a bourbon-like experience.