Drag creates stability so less drag is less stability. The balance is getting enough drag that arrow flight with broadheads is stable when shooting under less than ideal form in the field without slowing down arrow flight too much...wasting energy.
More noise is created by vanes that are taller...think Blazers, or feathers due to the roughness of the feather and hundreds of individual "tips" called barbs. That said, I've shot 100's of animals with 5" 4-fletch helical feathers, mostly shot from compounds, as well as a big pile the past 17 years with Blazers fletched helical. Better to be over-stabilized than suffer poor arrow flight in the field when your form isn't as good as shooting on the flat at your range.