No, only the one action that used to be called Stop Rule Actions, now called Cancel Rule Timers, does that. Cancelling a delay does not cancel Periodic.
Waits are cancelled by every trigger event, and every other Wait. Repeats are stopped by Stop Repeating Actions. So what is it that you need to stop and don't have a way to?
The action in question is intended to stop everything pending in a rule. It even stops repeats that don't have stop selected, and delays that don't have cancel selected. That's it's purpose.
Articulate some real need that exists that you can't do.... That's what the OP managed to do.