It depends on the load, as far as the revolvers go...but the velocity gain from .38 to .357 is usually pretty substantial, even in snubs.
We conducted ballistics gelatin tests for 38 self-defense revolver loads in 38 Special and 357 Magnum. Here are the full results along with photos and video
www.luckygunner.com
For example; the .38+P 129gr Federal HydraShok gets 797fps out of a 2” barrel; it's 130gr .357 magnum counterpart out of the same length barrel gets 1175; that’s a 47% increase. Definitely a step up.
Theres other loads where the increase isn’t quite as dramatic, but you’re usually gaining at least 200fps stepping up to the magnum.
Get into some of the boutique short barrel loads running special fast powder blends, and you can start seeing some pretty hefty velocity out of magnum snubs.
The big difference is that while short barrel magnum pistol loads exist, I am unaware of any designated short barreled rifle loads in 5.56 out there (.300, sure...but that was designed around a short barrel).