I prefer a donut. Horseshoe wings that I have used only have a butt dump on the left side.
I have had it happen that I was in a head down position and wanted to dump air, but couldn't dump enough because half the air was trapped on the right side.
Plus, all factors being equal, including identical lift capacity, a donut wing will be shorter, thus making it less likely to roll under the bottom of the back plate, if/when you remove the BPW from a tank and drop it (by accident). I have gotten a pinch flat in my wing from doing that.
I don't think it makes any difference whatsoever to tipping your forward on the surface (if that's what you were talking about).
If you were talking about tipping forward when trying to be in horizontal trim, I also don't think horseshoe vs donut matters. I've had both styles that gave me good trim and both styles that tended to make me go head down and thus needed a tail weight. That is down to the specific design of the individual wing.