Good question, but no. Circumcision is simply a symbol of the Covenant. Why that particular thing was chosen I am not certain. The fact that it can only be done to males is obvious. But in fact, Judaism believes that women are inherently more spiritual than men. We need the reminder of the Covenant. Women do not. Men, for example, are required to pray three times a day. Women need pray only once a day. Men need to go to the synagogue. Women may pray at home. It has been determined by our scholars that women have a connection with G-d that men lack.
On a sexual level, Judaism is much more liberal than Christianity. Both partners in a marriage have rights over each other. My wife has rights over me, and I over her. She has the right to sex, and to the expectation that it will be pleasurable to her. I have the same rights. If one party wants sex, and the other party is not ill or menstruating, then they are expected to provide it. And it is expected that each party fulfill that obligation toward the other. This is especially true on the Sabbath.
When men say in the prayers, "Blessed art thou, O L-rd our G-d, King of the Universe, for that thou hast not made me a woman," that is not intended as a rudeness. In fact, the reason we say it is because there is no man who could fulfill the duties of a woman. Women have it much harder than men. All men have to do is work a job, pray and study in synagogue, and be the master of the house.
A woman has to carry children before birth, give birth, do the lion's share of the raising of said children, keep a kosher home, do most of the cooking and cleaning, take care of her man, and on, and on, and on. What man can do all that a woman has to do? Our job in life is MUCH, MUCH easier than that of a woman's lot, and we Jews are smart enough to know that.
So, not all is as it seems. Westerners don't get Judaism at all. Hell, nowadays, many Jews (Liberal Jews) don't get it. I hope that explanation helped some.