Edge still uses the IE11 engine to render pages in IE Mode. To do what you thinking follow this https://learn.microsoft.com/en-us/deployedge/edge-ie-mode-policies#redirect-sites-from-ie-to-microsoft-edge
Note that the page does not call out that you need to also ensure you specify an Enterprise Site Mode list via policy and have at least one site in there. This is listed in the description of the GPO they mention.