RE: Serious but dumb question.
The front of the arrow will be in or on the ground when you are trying to find it.The back of the arrow will be up in the air in most cases.
Secondly,the wrap on the front will have a small step and that could cause some inconsistancies when shot across the rest,the back doesn't or shouldn't have contact with the rest anymore.
Thirdly,wrap will not hold up to being shot into a target for very long and will constantly be peeling off.Especially if shooting into hard foam targets.
I have wrapped an arrow from front to back before and it held up fine but the arow was completely wrapped with no edges.But I didn't shoot it much.