Yes it does matter. But it depends on how resolving your system is. If it's a low end system. Save your money. If you're going big, and want the best. Spend your money. Hans Beekhuyzen is the foremost expert on this, and watching his videos will answer all your questions. I highly recommend reading his book too. Even if you already think you know everything about digital music. I assure you. You'll learn more from his book. He's a great gentleman from The Netherlands, and really knows his stuff.
https://www.youtube.com/channel/UCR4tuhqPppVp-PD0q17sPEA
https://www.youtube.com/channel/UCR4tuhqPppVp-PD0q17sPEA