Um not quite sure what you're asking...if you are using the same bullet, and are increasing the powder by 5 grains (20%) but getting identical or slightly higher velocity on the chrono? Correct?
The question is then, what do you mean by "similar performance"? Is it an increase of only 20 fps or less, or is it say 50 fps or higher and consistent? I'm wondering if it's simply because the ball is closer, granted not by much, but closer to the end of the chamber, so the pressure does go higher, but you have less time for the ball to accelerate before it exits the chamber. So you're trading off a bit on pressure vs. acceleration time and ball exit?
If you're using .451 ball, there is very little of the ball actually sealing the chamber. If you went to .454 ball, you might see a rise in velocity as you'd have a split second more of a gas seal, and you have to also overcome the added friction of more ball surface against the chamber walls = more buildup of pressure with a .454 vs. a .451.
The other theory would be simply that the last few grains of powder that ignite are doing so as the ball is moving..., which means the chamber itself is increasing in volume as the pressure goes up, so does the chamber volume as the ball moves forward, and perhaps the last of the powder burns just as the seal between the chamber wall and the surface of the ball is lost = little if any gain. So you're just wasting powder, and yes you're getting close to the same pressure.
I wouldn't assume though, that the latter theory is the best. I'd simply use less powder if you're getting nearly the same result, and keep the pressures low. In fact I found my brass framed "Confederate Navy" revolvers liked under 20 grains of 3Fg for target purposes...with a couple of wool wads between the powder and the ball.
LD