As noted the best pad but more importantly the product, which IMO makes more impact and is more critical, will be determined by a test spot on the vehicle. The product is what actually comes into contact and works the magic on the surface. The pad is helping with the amount of force is used. Combined the pad and product result in a level of effectiveness and the amount of time needed for a correction will result.
Recently on a vehicle that I did I tested a white pad with some polish and it took 6-8 passes with my Flex 3401 to correct the panel 98%+ I moved to an orange pad with the same polish and it took about 5-6 passes to correct it. Lastly, I moved to a slightly more aggressive polish that still finished very nicely and it took about 4 complete passes to obtain essentially the same results. I chose the least amount of time with the orange pad and breezed through a full correction.