Hermit, while many will argue that speed is the key, I would move up your arrow weight.
Keep in mind, the KE component we all refer to is being calculated at the bow. Your arrow must keep it's KE when it hits the mark. A heavier arrow will assist in penetration at the point of impact.
My rule of thumb matching an arrow to a bow, is 10 gr of arrow for each pound of bow. By that calculation, your arrow should be approximately 550 gr.
I shoot a 63 pound recurve, my arrow weighs in at 630 grains.
JT