Does first argument indexing still work if the first argument is a string?

If I have a predicate with a ton of facts and the facts have a string
as the first argument like this example:

db('First Argument', a, b).
db('#Some Argument', a, b).
....

When I do a query such as:

?- db('First Argument', X, Y).

Will I lose the speed benefit of first argument indexing since the
first argument of db/3 is a string and not an atom?

Thanks.

.

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