You are pretty much right. Different aircraft are designed for diffrent things. Rotary winged aircraft are designed for maneuvability and fixed are designed for speed and range. For example, typical ranges are 1200 kms to 2400 km respectively, with the obivous differences in maximum speed.
In terms of fixed wing, due to the speed the aircraft is limited by the materials strength. When you reach these speeds you start to create shock waves on the wings, which if you turn sharp enough can create one stong enough to cut the wing off. Interestingly, this can occur even before reaching the speed of sound, as turning can increase the speed of the flow over the wing to the required level. This is the main reason for fast aircraft having swept wings, to reduce the onset of this affect. Whereas, aircraft that need to achieve distance have straight wings.