An on average 40% muscle mass difference being brought down to 28-35% over 1-3 years of hormone therapy is pretty clear.
And why exactly shouldn’t handicapped athletes just be happy with coming in 2nd to non-handicapped ones if that’s what biological women are supposed to do in your vision of sports?
Your comparison is flawed though, you'd have to compare a person born with a handicap with a person who acquired one after say puberty for arguments sake.
And youre already using averages to make broad divisions rather than looking at individual capability.