I like the FEDERAL 130grain HST MICRO load for my S&W model 36. This is a +P load and looks like a hollow base wadcutter loaded backwards. It's wadcutter like profile makes it a slow reload, so I use WINCHESTER "D" 130 grain jhp for my speed-loaders. It is a standard pressure load and quite controllable, while still likely to expand.
I prefer at least a 4 inch barrel and medium frame on .38 Special, so I can get some velocity and keep recoil under control. Otherwise, I do not see much advantage for a .38 snubby load over a more compact .380ACP like my GLOCK 42.
Jim