Mike Page did experiments several years ago and found that mass added beyond about 6" from the tip had no noticeable effect on the amount of squirt. Steve "I'm blocking on his last name" of Platinum Billiards measured the effects of a certain amount of mass added at specific distances from the tip. He reported the results to the RSB group (rec.sports.billiards) some time ago too. More recently, Dr. Dave did the same sort of test(s) for his Feb., 2008 article in "Billiards Digest." (See Diagram 4 on page 4.)All very interesting. How far from the tip do mass variations become insignificant to a player experiencing squirt? And how quickly does the effect fall away with distance?
http://billiards.colostate.edu/bd_articles/2008/feb08.pdf
Several more articles on squirt (amongst others) are available on the same web-page:
http://billiards.colostate.edu/bd_articles/index.html
If you use the empirical data from above and figure in the different mass densities of brass and other ferrule materials, as well as the relevant dimensions, you might be able to come up with a comparative estimate. Sorry, haven't the time myself right now.BTW, to muddy the waters even further in the snooker cue / pool cue comparison, snooker ferules are usually dense (brass) but the effect will be mitigated by the fact that they are also much shorter than pool ferules.

Jim