Not enough to result in visible remote wounding effects, yet so much that without specifically designed projectiles, it'll just punch right through a target without expanding,
And this is what has pretty much always been the situation with the .30 caliber pistol rounds, Luger, Mauser and Tokarev. Without a "magic bullet" they have always been considered poor performers, both as fight stoppers and as game rounds.
High velocity, lots of energy (because of the speed) but the FMJ bullets that have been the standard load for more than a century just don't perform as well as the energy numbers lead one to believe.
this is the downside to high velocity small caliber pistol rounds. The possible velocity falls short of rifle speeds and so doesn't have the same "shock" effect, and the small, light bullets sacrifice the advantages of mass and large frontal area.
Without bullets made to take the most advantage of its abilities and minimize its drawbacks, high energy due to high velocity doesn't deliver as much as it could.
Given the choice, I would use a broadsword over an icepick or a rapier, and a battleaxe is a good thing if you have the strength to wield it effectively. For that matter, so is a mace or warhammer.
To continue the bad metaphor, I feel the big bore magnum is a "chop the head off with one blow" thing compared to a small bore which is more like "poke several small holes rapidly" kind of thing.
Both work, but I have my preferences. You're welcome to your own.