The ballistic tip really doesn't do much for normal muzzle velocity, they are pretty light.
But it does two things:
1: It increases expansion. The tip gets shoved back into the nose of the bullet upon impact and makes it mushroom faster and more easily.
2: Increases the ballistic coefficient by lowering drag. Of course if it was a metal tip like a spitzer it's the same, but vs a hollow point, it is going to have better ballistics, in this round only affects pretty far down range.
So basically ballistics of a spitzer with expansion of a hollowpoint, if not better.