If you have one parameter (one $\theta$) for both circuits then I think the first one is better... they are doing the same job, but the second one is creating extra gates. So the first one will be faster and will have fewer errors because there are fewer gates in the first circuit.
But if you are obtaining the second circuit with two parameters (two different $\theta$s) it is harder to decide what ansatz is better. When you have two parameters you may have an infinite number of combinations of two parameters that match the optimal value that VQE should estimate. My intuition is that it will not be a good thing for VQE :). Why? Because imagine you have a parabola and the VQE should find the point in the middle that has minimal value:
Here $x$ corresponds to one $\theta$ and $y$ is the value that VQE obtains depending on $\theta$. For VQE this optimization is like "crossing the street perpendicularly" (the shortest way). You are restricting VQE in 1D space (You are restricting VQE "to cross the street only perpendicularly").
Now Imagine parabolic cylinder in 3D space:
Here $x$ and $y$ correspond to two $\theta$ parameters and $z$ is the value that VQE obtains depending on the two $\theta$s. Now you are giving freedom to VQE optimization to choose from a broad range of "paths" for finding to way to the minimal value. For example, now VQE can choose not the shortest path to the minimum (it may not "cross the street perpendicularly", it may "cross the street at an angle" XD).
Again, this is just my intuition.