For the “icon and Label” element the text is offset 1px higher - no possibility to adjist - but Icon is perfectly aligned with the pixel grid
For the “icon” element:
it does not properly align to the pixel grid like the “icon and label” - it seems approx 0.5px higher (not centered in the lines)
when the “label” is magnetically snap-centered (blue lines appear) the text is 1px too high
when the “label” is centered vertically with it using “Align Middle” function, the text is 2px too high.
Graphics is zoomed in to make differences more apparent, they are just as visible at 100%