Both are overpowered for HD. At that resolution, it would be difficult to take advantage of the extra RAM of the 290x.
At 4k, performance should be very close. It will probably come down to which architecture a particular game favors. The extra memory of the 290x will start to make a difference (maybe 10%-20%) for some games. You will have to turn down setting some with either for 4k and the different architectures will behave differently.
AMD's crossfire does scale a little better than SLI. While AMD has done a lot to improve their frame-pacing problems, I still don't think their drivers are nearly as easy to use.