Hi,
Thank you for your interest in NXP Semiconductor products,
As per Yocto eSDK Manual:
The extensible SDK provides a cross-development toolchain and libraries tailored to the contents of a specific image. You would use the Extensible SDK if you want a toolchain experience supplemented with the powerful set of devtool commands tailored for the Yocto Project environment.
The installed extensible SDK consists of several files and directories. Basically, it contains an SDK environment setup script, some configuration files, an internal build system, and the devtool functionality.
As you can see in Yocto eSDK Manual and Toradex Community, devtool is the main feature of it.
Regards