Back to the original topic, as others have alluded to kinetic energy is 0.5 x mass x velocity^2. A change in velocity has a much greater affect on the kinetic energy of the projectile than a change in mass.
So if you have a 150 grain projectile travelling at 2000 feet per second and it is fired into a medium and comes to rest it has transferred all of its kinetic energy to the medium (1330 ft.lbs)
Now if you fire that same projectile into the same medium at 3300 fps and it exits you need to know the exit velocity to determine the change in velocity to determine energy imparted. If it exits at 1000 feet per second it has transferred more energy than the slower projectile. If it exits with 2000 feet per second it has transferred less.
This is energy transfer only. Not killing power, bullet construction, hydrostatic shock, or whether energy dump causes death at all.
I agree on all, with the exception of one thing and that is hydrostatic shock.... Hydrostatic shock is created by the force of bullet's expansion on the surrounding tissue...... In a discussion of "energy", we need to take into account all of the energy that is created, not just the linear energy created by the bullet's travel through the animal.....