There is no equivalent in macOS and the only way to help you right-click to create a new file on Mac is to use third-party software. iBoysoft MagicMenu is what I recommend.
iBoysoft MagicMenu is a fully customizable menu on Mac, which can make full use of the right-click menu on Mac. You can add and customize new file creation, file transfer, quick access, app uninstalling, duplicate file finder, and more to your right-click context menu. It supports macOS and Mac OS X and Apple Silicon.
With iBoysoft MagicMenu, it allows you to generate various types of files, including txt, pdf, doc, docx, etc., and any template file with pre-edited content. Moreover, you can manually add and create any wanted file types that are not listed in this right-click utility.
Using just a few clicks and you can create a new file on your Mac. Here's how:
Step 1: Free download, install, and activate iBoysoft MagicMenu.
Step 2: Tick the box under Main Menu or Sub Menu to show the new file formats in the right-click main menu or sub-menu.
Step 3: Right-click on your desktop, select New File, and choose a document in the specific format that you want.