masquerade vs personate

masquerade is a noun but personate is not a noun.

Word	Noun	Adjective	Verb	Adverb
masquerade	Yes	No	Yes	No
personate	No	No	Yes	No

As verbs, personate is a hypernym of masquerade; that is, personate is a word with a broader meaning than masquerade:

masquerade: pretend to be someone or something that you are not
personate: pretend to be someone you are not; sometimes with fraudulent intentions

Other hypernyms of masquerade include impersonate, pose.

masquerade (noun)	personate (noun)
making a false outward show
a costume worn as a disguise at a masquerade party
a party of guests wearing costumes and masks

masquerade (verb)	personate (verb)
pretend to be someone or something that you are not	attribute human qualities to something
take part in a masquerade	pretend to be someone you are not; sometimes with fraudulent intentions