My understanding is that humans have very limited genetic diversity compared to most other animals, because of the population bottlenecks we've been through. And further, that diversity is mostly between individuals, not between groups. The distinction is easy to see in cats vs dogs: they both have similar overall genetic diversity but two Chihuahuas have virtually all the same genes (the small angry ones) while two tabby cats are more distinct. The two cats have different combinations of big/small nice/mean smart/dumb, but the genes average out to the same "typical" kind of cat in both cases.

Because humans get around so much, and because we think interesting-looking people are hot, the diversity is spread pretty broadly across the whole population. The average european person and the average east asian person are a little bit different genetically, but way less different than any two real europeans or two east-asians are to one another.

In short, the distributions of individuals overlap so much that the trendlines are pretty close to useless. And historically speaking, the people who tried to make a hard distinction out of those trendlines had awful motives.