I suppose that's worth looking into, but Marco Polo does have a difference in its caliber size. 406mm overmatches 27mm whereas the tech-tree line does not have such overmatch capability.
German Battleships are heavily invested in Secondary play-styling. If Italian Battleships copied this style of play, that could be too much similarity to let each line feel unique.
The question is better represented in terms of damage outcomes.
If firing at a nose-on enemy at 8km, a normal battleship without overmatch would either fire:
HE, which has reduced base damage but chances at starting Fires
AP, which might pen in the superstructure, but likely results in ricochets and shatters.
If you fire AP at said nose-on ship, you might receive poor results due to dispersion, but if you fire SAP you are likely to catch full-pens on superstructure or anything the SAP's advanced pen angles can bite into.
The SAP shell on a Venetto has 12,500 Base Damage, whereas HE on a Bismark is 4,400. That's a nearly 3-to-1 damage ratio meaning a single Venetto SAP shell will deal similar Pen damage that would require 3 Bismark shells to connect. That being said, there is no Fire chance on SAP.
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In short, you must factor in the full pen damage of SAP shells being as consistent as they are. Yes, throwing a fist-full of confetti can be frustrating, but the connections are very, very potent.
DDs have not been able to take full pen damage from Battleship AP for a long time. Base Damage values on SAP are similar to AP, so they are similarly limited.
You can consider Italian Battleships to be uniquely weak to Destroyers while uniquely capable at Pen'ing light cruisers.