Like just about everything else, PH is a compromise. More acid helps the plant absorb better, but it also has an effect on the nutrients and how available they are, can create or increase phototoxicity, and breaks down the cuticle (protective waxy layer) of the leaves. Some nutrients work better than others as a foliar. It should always be used as a light supplement and can't replace proper fertilizing of the soil.
Something else that helps is a surfactant (wetting agent). When mixed with the spray, it will flow on the leaves better. Yucca extract is organic and does this.