They all "work" if flying well and not hurting your bow.
The "faster flatter" craze is a product of compound bows, and sights!!! and their shooters coming to trad archery and , no offense, is a "method" some seek to find an easier path to better shooting over just practicing and also a product of LONG range 3D type practicing.
KE is a TOTAL energy........NOT energy of forward motion....that would be Momentum.
KE is a tool of mfg companies that CAN build a bow to throw a few fps faster with light arrows and say "LOOK ......MORE KE" simply because it squares the velocity. Measure momentum of fast and light versus slower and heavier.........not a lot of difference, both are adequate for deer, an with actual measured (if you must) speeds the heavier arrows WILL wow you.
If you need to ask yourself (I dont) which will be the best penetrator.....ask yourself one question.
While for whitetail, the question is moot (IMHO) if you were to leave tomorrow to trad hunt for rhino.........how much would your arrows of choice weigh?......and how come? :D
Inside, everyone knows which will be the weight picked if really NEEDING the extra penetration. The personal choice for whitetail can be altered a bit.......but the same rules apply.
Kinda a no brainer but again, for whitetail......shoot what you like but like the above posts state. Out of SLOWER bows by and large, decades ago 10 grains per lb of bow weight was considered ideal......and they HAD light arrows then too. Papa Bear wasn't a dummy and hunted more than most of us ever will.
Personally, every time I feel the "inspiration" to pick up a calculator for something trad....I resist.
For me, that isn't what it's all about.
2 cents.
God Bless