Hi,
I also have the miniVNA tiny. I have not compared it to an expensive unit.
But, I did measure an antenna at 868 MHz. I used a semi rigid coax and ferrite beads around the coax. Calibrated on-board with short, open and 50 Ohm using 0603 components. Them performed the measurement, then calculated the required matching elements. Soldered them onto the board. Did new measurement. Now I was at smith center. So, the miniVNA seems to work.
I guess that it should be easy to find out whether the unit actually shows the correct impedance. One could make a known impedance load and measure it to check if this load is shown correctly by the device, then design a matching network and see if you end up where you are supposed to.