I've shot that and the heavier 60gr a good bit.
Only my testing has been in live media.... deer. results are very similar.
I've only recovered one from the half dozen deer I've shot with the 60. I've also never recovered a 55gr, simply because they are usually in the intestine area after partially penetrating the chest cavity on raking shots.
The single 60gr bullet was recovered because the deer was at an angle and the range was close, so penetration was indeed limited to ~18" of deer. Impact was to right front shoulder and bullet was under hide in front of the opposite ham.. pass through torso shot taking out lungs, liver and left kidney. Not to mention passing through stomach and intestines. Recovered bullet weighs 38.5gr and resides on my reloading scale shelf along with a number of other recovered bullets. Bullet was in a nice mushroom "ball".
It was fired from a 16.5" AR loaded over 26.0gr of RL15 for ~2,900fps m/v.
As I've often posted on THR, with a .22cf, use a Soft Point of 55gr or heavier and place the shot well, and you'll ususally be cutting/eating venision for a while....
The Hornady's are some of my favorite. I do however, prefer the Sierra 63gr Semi-pt and 65gr GameKing. Never recovered either one from the 2+ dozen deer I've shot with them.
But then again, I've killed even more with a .22Hornet and 45gr Spt's well placed !
I would love to have a video of the evening I knocked down 4 deer in 10 seconds with 4-shots from my Ruger M77/22Hornet. The deer couldn't figure out where I was and instead of running from field away from me, were running towards me! First shot was at ~110yds on largest doe. Last shot was at 15yds, all were head shots/neck-spine.
But, shooting from prone with a bi-pod w/heavy bbl w/4.5-14x scope, it was easy.
Hardest thing about that hunt was finding the tiny brass in the tall grass. Had to use a metal detector the next day to recover 2 of the 4.
Load? Sierra 40gr "Varminter" HP. Over 12.8gr of Hod. Lil'Gun seated to 1.780"oal (feeds through magazine). The reason for grousing over the brass it that it's from a box of 20rds of Sellier-Bellot that I've neck-turned and has very, very small flash holes. Using Federal small-pistol primers the loads from that brass will shoot 1/2" 5-shot groups from my rifle. Nothing else comes close !!!