340 or 360

So let me get this straight, these are the sizes of these 2 engines bore x stroke:
340's Bore x Stroke is 4.04 x 3.31 - 416 c.i. is 4.04 x 4.00
360's Bore x Stroke is 4.00 x 3.58 - 408 c.i. is 4.00 x 4.00
thats with Mopars 4.00 Stroker crank, the 360 is smaller but wouldnt a .040 over bore put them at the same displacement?