Some other considerations. Tips on airplane wings are there to reduce induced drag (vortices) but are also used because making airplane wings longer (high aspect) another method of reducing induced drag can either have other less desirable effects (added weight, parasitic drag) or be infeasible (limited space at the airport gate).
Boeing 777X folding wingtip Higher aspect and raked wingtip (similar to AFS R1000) for low drag in flight - folded for ground use
www.boeing.com/777x/reveal/video-777x-Folding-Wingtip/Wing tips and stab tips do add some tracking and yaw stability. Going between a foil with has both to one that has none and are similar in longitudinal (fore/aft) stability, I definitely can feel a bit of wiggle on the flat tipped foil especially when, say, initiating a jibe. It's not huge but it's there. Note that most foil wings are tipped down resembling Hoerner tips rather than the upswept tips you usually see at the airport. Hoerner tips are also noted for reducing Dutch roll (yaw instability) and increasing roll stability.
en.wikipedia.org/wiki/Wingtip_device#Hoerner_wing_tips buyplaneparts.com/the-hoerner-wing-tip-design-story/