The Old Vaquero will handle the hot "Ruger only" loads that will spit out 300 to 335 grain bullets at up to 1300 fps. These outclass the .44 magnum by a significant margin.
The "New" Vaquero has a lighter frame that won't handle these hot loads. So, if you've got the New Vaquero, you're pretty limited.
I'd probably go with a .357 and a heavy flat nosed slug if I had to choose between the two.
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