As long as you're not actually trying to use of the virtual hyper-threaded cores, I wouldn't expect turning on and off hyper-threading in BIOS to make a big difference. However, I haven't done the test myself.
What made you decide you were using a higher percentage of overall processing power? I ask this because if you have 20 physical cores, and they are hyper-threaded to 40 virtual cores, but you only use 20, then there is not much difference between this and turning hyper-threading off and still using 20 cores.
If you want more information, perhaps the discussion in this thread about hyperthreading and PCT might help.