That's pretty much what the guy was talking about on the podcast. This is where it ties back to what @JSEXTON23 was talking about as the arrow moves down range. I hope I relay this right but a light arrow and a heavy arrow set up for a particular bow will leave the bow with virtually the same ke on a pct basis. The heavy arrow though slower will carry more ke at distance.Here’s the deal the only way to increase kinetic energy is to manipulate either mass or velocity. If you double the mass of an object you double its kinetic energy. However because kinetic energy is proportional to velocity squared, if you double an objects velocity you increase its kinetic energy by four times. Velocity has an exponentially greater effect on KE than mass. However mass definitely is half the equation. I just made myself laugh.
To me that is saying if ke is energy to do work and momentum is work, heavier wins. The question then becomes what defines the entry to heavier as it relates to penetrating ribs and scapula, using the assumption that we put the arrow in the right spot. I have a number in my head based on my, as @Allegheny Tom would call it, anecdotal data. Would be curious to know how close it is to what testing determined.