Honeynut squash are a little bit smaller in size, and they are sweeter than the butternut squash. They have a built-in ripeness indicator that is easy to tell when it's at peak with prime amazing flavor. It also has a shape resembling a mini butternut squash with a more elongated neck and a bulbous bottom. Butternut squash typically has a light tan or beige-colored skin, while honeynut squash has deep orange or golden skin.