In this paper, we provide a systematic comparison of distribution matching (DM) and sphere shaping (SpSh) algorithms for short blocklength probabilistic amplitude shaping. For asymptotically large blocklengths, constant composition distribution matching (CCDM) is known to generate the target capacity-achieving distribution. However, as the blocklength decreases, the resulting rate loss diminishes the efficiency of CCDM. We claim that for such short blocklengths over the additive white Gaussian noise (AWGN) channel, the objective of shaping should be reformulated as obtaining the most energy-efficient signal space for a given rate (rather than matching distributions). In light of this interpretation, multiset-partition DM (MPDM) and SpSh are...