And that would be, JimB, if and only if (this is a question, honest), if the arrow was perfectly tuned to the bow? So many places for an arrow in flight to LOOSE energy due to oscillations beyond normal paradox, etc, etc, etc before it GOT to the target, thus affecting REAL Speed on target, yes?
If a shooter's chrono #'s are consistent, and he's got a well tuned set up, the chronie tells him he's got a decent and consistent release, eh?
Beyond that...on-impact damage and penetration is a lot of factors...broad head design, sharpeness, tissue impacted...etc.
Bottom line, tune em and shoot what you like that flies well and have fun doing it!