Based on this link (
https://www.oilspecifications.org/articles/JASO_MA_JASO_MB.php) it seems the JASO MA2 spec motor oils would offer the best friction characteristics for wet clutch use.
I liked the cold feel of the Valvoline synthetic 10w-40 bit like the idea of having the thicker 20w-50 when good and hot.
I would also like to stay under $10/qt.
I don't really see any immediate advantage to switching to the lighter Red Line MTL ($20/qt) or even lighter yet ATF ($11/qt).
What I decided on this time is Castrol full synthetic motorcycle 10w-50. Viscosity specs would indicate it is just a bit more viscous than the Valvoline 10w-40 cold and just a bit less viscous than the 20w-50 when hot, but close. It also meets the JASO MA2 spec. Reviews from other (non-Harley) power sports websites would suggest people are happy with their clutch feel and performance on this oil. Best part is I was able to find it online for well under $10/qt.