Yep. You've hit the nail on the head.
I've mentioned before in different threads about how years ago I was studying for an A'Level in politics and my tutor had an interest in US politics, so we were studying a UK + US politics syllabus.
One time, she set us some homework to watch a programme on BBC2 or something. This was way before iPlayer and I'd missed the first 5-10 minutes of the programme so I'd missed the introductions of the talking heads and name/title captions. And whereas for a programme about UK politics, I was familiar with politicians and commentators/think tank experts/spox, so could've recognised them, I didn't recognise their American equivalents.
Back in class, my observation was that because I'd missed the introductions, I'd been trying to figure out where on the political spectrum they were, were they Democrat/left aligned or Republican/right, but some of them confused me in that what they were saying seemed to go so far left that it came out the other side, iyswim, or vice versa.
My conclusion was that sometimes politics is less a political spectrum with polar opposites (or a political compass) and more like a circle.
There is some common ground between extremist Zionist and the far-right/Nazis when it comes their attitudes towards and treatment of the Other, ie Palestinians, Black people, racial minorities, etc. There's commonality in the supremacist/chosen people beliefs. And genociding Semitic people.