The two routes share their start, their first kilometre of road, and their climb. They part at the footbridge near Maen Trichwmwd. The horseshoe stays high, adds Pen yr Helgi Du, and comes down a steep, loose flank; the Cowlyd circuit leaves the summit north-east down Clogwyn Du, where there is no path at all, and returns the long way round the lake.
No Eryri National Park route page exists for this mountain, so both lines here are inferred, assembled from independent walking-route guides rather than an official register. Wikipedia also records approaches from Dolgarrog and Tal-y-bont on the north-eastern side, in the Conwy valley; that side has not been researched for this guide and is not described here.