What I've found is that a steep turn, not quite to the stall (maintain full control!), is the quickest. As the airplane approaches the runway or the ground, get rid of any excess speed, converting it to range.
It's not a steady-state maneuver if you're close to the ground. It uses up your kinetic energy, converting it to less altitude loss. I've found that the minimum altitude loss requires a lot of maneuvering and significant back angles and some g, although the amount will depend on the aircraft.
It's also not a 180 degree turn. That will put you parallel to the runway but offset to the side. Turn past 180, then turn back, and yes, this takes longer and uses more altitude than a 180.
Plan on trying it with plenty of altitude. And count to three or four before starting because in real life you won't be spring-loaded to the turn. There will be a few seconds of shock or surprise.
Dave