Energy doesn't cause a JHP to expand or fail to expand. Bullets are designed to operate w/i a specific velocity window. Push a bullet beyond its velocity design and it will over expand, thus reducing its penetration, or, it can frag. A great example of pushing a bullet beyond its velocity design window is the 124gr Gold Dot when loaded to 38Super/357SIG velocities. Change the bullet to the shallow cavity 125gr Gold Dot and the bullet performs well given the added stress placed upon it.
Choose a bullet designed for personal defense in 44mag and it will perform as well as any of the more popular service calibers. Actually, I have a box (500 rounds) of 40 S&W ammunition that was issued to a federal LE agency and it delivers penetration in the 18" range.
One of the most destructive bullets I've ever tested is the 210gr Silvertip in 44mag, it explodes like a varmint bullet, yet it retains enough mass to penetrate w/i the FBI's preferred 12"-18" range; and less than the above 40S&W.
Let's remember, the Silvertip bullet was designed for law enforcement, including 357/44mags.
FWIW, not that long ago I had the fortune to spend some time with a retired homicide detective, from a very large Texas city, who grandfathered in with the M29/4".