Below is from Dr. Ashby's research concerning KE and penetration.
"Using the TPI formula, a 60 pound longbow firing a 788 grain compressed cedar arrow, with a 190 grain Grizzly broadhead, at 148 fps has only 38.34 ft. lbs of K.E., .52 lb.-sec. of momentum, but has a TPI of 1.50. That combination was used to repeatedly shoot through the scapula of a large zebra stallion and through the thorax to the off side, often breaking off-side ribs (never failing to penetrate the scapula and completely through the thorax). This was compared to a compound firing a 555 grain aluminum shafted Black Diamond at 229+ fps. This combination gives 65.21 ft. lbs. of K.E., a momentum of .57 lb.-sec., but a TPI of only 1.27. That compound was, at best, able to penetrate only 5 to 8 inched beyond the scapula, and occasionally failed to penetrate the scapula at all on that same zebra carcass."
"The 60# longbow/788 grain arrow/Grizzly broadhead was also compared to a high energy compound firing a 450 grain carbon arrow tipped with a three blade head, with cut width of 1 1/8" and a cutting blade length of 2", at a velocity of 259+ fps. This combination yields 76.56 ft. lbs. of K.E., .52 lb.-sec. of momentum, but a TPI of only 0.62. It was unable to penetrate the zebra scapula."
"Penetration of this combination (compound, light weight carbon shaft and 3 blade head) on all the larger antelope species is marginal at best. This bears out the reduced penetration capability of this set-up compared to the lower velocity longbow with its heavy arrow and single blade broadhead of high mechanical advantage. This even though the momentum of both combinations is identical (.52 lb.-sec.), and the compound has 76% more kinetic energy (67.56 ft. lbs. vs 38.34 ft. lbs.)."