For maximum bleakness your wish is already to meaningfull To get a realy terrible ending you have to have Madoka throw away her power to fundamentally change the universe for something much less consequential, but your idea would make for a much better story, while mine would just end everything right there.This could be a good spin-off premise
Like Madoka wishing Homura was happy and then becoming the universe-destroying witch, causing the now revived Homura to be horrified and have the will to try again while the Witch Madoka keeps sending some kind of avatar in every timeline that Homura creates to ensure everything goes wrong and she's not butterflied away while feeding on all the karma Homura creates in her every atempt. Tldr: Madoka Magica Terminator-style.
"A Meaningless Wish" could be a good title as well.
Anyways sorry for my fanfic-ey rant, though I think this could count as a pretty bad ending.
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