7.62x54R is in the 30-06 league, same velocities with same bullet weights. Only one is .308 and the other has a .310 bore when they are unissued. I can't vouch for the imported softpoint hunting ammo (cheap FMJ is a no-no for hunting), and I know that to reload for it, good bullets are lacking. Best powerful accurate load that I have found to date is using a .311 180gr roundnose. I've been reloading the round for over 12 years now in every way shape and form for my 7 different Mosin models.