[jandrewrogers]

That is more theory than reality in high-performance code, and was noted as such even back when I was in HPC. The compiler isn’t stupid and normal idiomatic high-performance code in C++ has codegen that is essentially indistinguishable from the FORTRAN in virtually all cases. It has been a couple decades and many compiler versions since anyone had to worry about this. One of the things that killed the use of FORTRAN in HPC is that it empirically did not produce code that was any faster than C++ in practice and was much more difficult to maintain. Advantage lost.

The extensive compile-time metaprogramming facilities in C++ give it unique performance advantages relative to other performance languages, and is the reason it tends to be faster in practice.