I personally don't believe there is a single specification that is published that really tells you the performance of an oil in terms of wear protection.
HTHS is definitely going to give you a better picture of how the viscosity performs at operating temperature (as Caterham has pointed out on numerous occasions) as well as the VI for the change in viscosity as temperature changes, but this is only half of the equation.
Until we are able to compare things like the Sequence testing on an oil's spec sheet (which you are NEVER going to see published) we can't evaluate an engine oil on the specs alone. You have to do some real world testing on your own engine and operating conditions.
Oil Company's attitudes are that if it meets the current API category, then that is how you measure if it is a good oil. Unfortunately we are seeing more and more that it isn't necessarily true that an API SN oil is better than an API SM (think QSDefy) in all engines and all conditions. I know that is heresy to some of the decision makers on the API committee and some members here, but the fact is that in order to optimize the engineering efficiency of engines, certain additive chemistry perform better than others in the right set of operating conditions.