I have owned both...this is just short of apples to oranges and the only way to know is to have live gigging, studio or simple a/b. There are so many variables. A squire can't compare to an American Fender in a plethora of ways. To be specific: DIFFERENT COMPONENTS
DIFFERENT WOOD
CHEAPER HARDWARE ON THE SQUIRES
AND DIFFERENT BODY MASS/WEIGHT.
As far as playability is concerned, it's a crapshoot.
But a Squire is much more apt to neck issues, with a few
exceptions. Quality control overseas by a contracted builder/ assembler is just not under the same supervision as US/MEXI built Fenders. A good friend of mine has toured these Asian facilities and they are essentialy sweatshops. Good instruments DO come from these facilities(bassically an industrial complex half the size of Manhattan) but these are the same machines and 12 yr old kids pumping out stuff by the million every year. The standards there are weak, and I'm talking worker safety. Think about that when you buy a Beringer, a Squire, a Rogue, an SX or any other import.
I know, why support companies like Fender, MTD, and the whole gaggle of other sellouts while Asian kids sift through massive piles of broken electronics in order to re-use the metals of which their land is so deprived? Because those companies provide quality close to home as well. I am guilty and don't blame any kid or kid's parents who just wanna bass, any bass, at a reasonable price. I am luckily in a position to own a few decent basses.
One is an old US built 80's Schecter, the other is a MIM 50's P-bass, which may as well be American anyway since many mexican nationals actually build the US Fender instruments anyway. BUT that is where I draw the line. My rig, my cables,
my case and even...oh wait, I own a Line6 studio 110(I said I was guilty) are US made. It's nice to get to a point where you can be patriotic about your spending decisions, but I wholly understand that it's a ladder you have to climb both enlightened and financially learned.