Hi Bill: If it's resonant, the same total amount of energy will be radiated as with a straight dipole. If it's high, in wavelengths, there will be some slight gain along the axis of the V - provided the angle is close enough.
And if the wires are several wavelengths long, and the wires are close enough, there can be considerable gain. That's why they call 'em "vee beams."
For those of us blessed with "city lot itis" the story is different. While the purists who think a tenth or two tenths of a dB is a major gain, or loss, will disagree - a half wave antenna needs to be a fair distance off the ground to have a pattern at all.
Those of us who lack tall antenna supports will invariably wind up with a mushroom shaped radiation pattern that won't look much different from a low, straight dipole's pattern at the same height.
I'm another of those who doesn't have enough room to stretch a 75 Meter dipole, but I wanted a 160 M dipole. I found a "Kansas Dipole" from Antennas West that I bent 90 degrees at the feedpoint, going 65 feet N/S across my lot and 65 feet E/W into a neighbors tree. The feedpoint is at 35 feet, each end is at 20. It works fine, but comparing reception reports with a friend whose 75 M dipole is at 50 feet, about a mile away, we have exactly the same 75 Meter results. If I work the DX he works 'em right after me, or vice versa.
Hope this helps
73 Pete Allen AC5E