Basically the heavier a bullet is for its caliber the higher the SD will be. So a 140gr .264 cal bullet will have a higher SD than a 140gr .284 cal bullet.
As mentioned above, generally the higher SD bullet is more likely to penetrate further, however the construction and how frangible the bullet is also plays a part on how much it will expand and penetrate.
This is why many favour 6.5mm and 7mm calibers, as they sit in a nice sweet spot of quite high SD's and BC's for their bullet weights.
Bookmarks