Yes, correct. USB3 is more than fast enough for a HDD, unless you use many of them in RAID 0. It is only if you want an external SSD that Thunderbolt really makes sense, since it supports TRIM.
I am not aware of any data of which drives Apple uses. I have seen both Seagate, WD and Toshiba in the past. But assuming you are looking at a 27" iMac, here is an example where a Seagate ST1000DM003 (1TB) HDD was used (
link). If you look at the data sheet for that model (
link) you can see that it is rated at up to 210 MB/s and an average data rate of 156 MB/s for both read and write. Again, this might not be the actual numbers, but that is what they are rated at. If you then look at the Seagate Backup Plus Fast it is rated at up to 220 MB/s (
link to data sheet) and it has, as I described in my previous post, pretty good real world performance. If you use a combination of pure internal SSD with a Seagate Backup Plus Fast, you will most likely
gain speed compared to a Fusion Drive. However, the perceived difference might be negligible.
TL;DR: Yes you can achieve similar speed as with a Fusion Drive, by using an external USB3 HDD for storage.