Haven't seen postings of equations relevant to the problem, which is inelastic collisions.
Some insight could come from adapting "particle in cell" computer simulation techniques to properly model simultaneous conservation of both momentum and energy. I suspect there's little interest in doing such a thing since placement does dominate.
When it comes to momentum and energy, gun forum posts typically like to ignore one or the other. Can't get true insight that way. But, it's understandable since bullets into flesh is a complex non-linear process.
As typically happens in non-linear dynamics, solutions fall into different "domains" depending on the initial conditions. In that sense, pistols and rifles are the "same", but due to different initial bullet momentum and energy, collision dynamics look different.
Simply, if a bullet does not have enough energy to significantly displace tissue in directions transverse to the direction of bullet travel, it's better to lean toward momentum with a heavy, slow bullet. A slow bullet does not demand tissue in the target to displace quickly, decreasing the effective mass the bullet is interacting with.