You may be getting efficiency mixed up. When we talk about efficiency we are only talking about the amount of light coming from the source based on the wattage put into it.
Mixing spectrums can be beneficial but where one is good at a specific point it lacks in the back end if you will. An example is 6500k is great for blue but very low in red. 3500k seems to the the best balance for what the plants need. Smaller plants need less light-veg which there is also less blue in 3500k than most others. While they increase in size they start to require or want more red, and the 3500k has a great amount of that as well. So hanging a room full of certain spec cobs can be helpful but at some point in the grow but each cob isn't performing for the plant like we would want throughout.