Olympus E-M5 III vs PEN-F

The Olympus OM-D E-M5 Mark III and the Olympus PEN-F are two enthusiast cameras that were revealed to the public, respectively, in October 2019 and January 2016. Both the E-M5 III and the PEN-F are mirrorless interchangeable lens cameras that are equipped with a Four Thirds sensor. Both cameras offer a resolution of 20.2 megapixels.

Below is an overview of the main specs of the two cameras as a starting point for the comparison.

Headline Specifications

Olympus E-M5 III		Olympus PEN-F
Mirrorless system camera		Mirrorless system camera
Micro Four Thirds lenses		Micro Four Thirds lenses
20.2 MP – Four Thirds sensor		20.2 MP – Four Thirds sensor
4K/30p Video		1080/60p Video
ISO 200-25,600		ISO 80-25,600
Electronic viewfinder (2360k dots)		Electronic viewfinder (2360k dots)
3.0" LCD – 1040k dots		3.0" LCD – 1037k dots
Swivel touchscreen		Swivel touchscreen
10 shutter flaps per second		10 shutter flaps per second
In-body stabilization		In-body stabilization
Weathersealed body		not weather sealed
310 shots per battery charge		330 shots per battery charge
125 x 85 x 50 mm, 414 g		125 x 72 x 37 mm, 427 g

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Going beyond this snapshot of core features and characteristics, what are the differences between the Olympus OM-D E-M5 Mark III and the Olympus PEN-F? Which one should you buy? Read on to find out how these two cameras compare with respect to their body size, their imaging sensors, their shooting features, their input-output connections, and their reception by expert reviewers.

Body comparison

An illustration of the physical size and weight of the Olympus E-M5 III and the Olympus PEN-F is provided in the side-by-side display below. The two cameras are presented according to their relative size. Three consecutive perspectives from the front, the top, and the back are available. All size dimensions are rounded to the nearest millimeter.

Both cameras are available in two different colors (black, silver).

If the front view area (width x height) of the cameras is taken as an aggregate measure of their size, the Olympus PEN-F is notably smaller (15 percent) than the Olympus E-M5 III. However, the PEN-F is slightly heavier (3 percent) than the E-M5 III. It is worth mentioning in this context that the E-M5 III is splash and dust resistant, while the PEN-F does not feature any corresponding weather-sealing.

The above size and weight comparisons are to some extent incomplete since they do not consider the interchangeable lenses that both of these cameras require. In this particular case, both cameras feature the same lens mount, so that they can use the same lenses. You can compare the optics available in the Micro Four Thirds Lens Catalog. Mirrorless cameras, such as the two under consideration, have the additional advantage of having a short flange to focal plane distance, which makes it possible to mount many lenses from other systems onto the camera via adapters.

Concerning battery life, the E-M5 III gets 310 shots out of its Olympus BLS-50 battery, while the PEN-F can take 330 images on a single charge of its Olympus BLN-1 power pack. The power pack in the E-M5 III can be charged via the USB port, so that it is not always necessary to take the battery charger along when travelling.

The adjacent table lists the principal physical characteristics of the two cameras alongside a wider set of alternatives. If you would like to visualize and compare a different camera combination, you can navigate to the CAM-parator app and make your selection from a broad list of cameras there.

Body Specifications

#		Camera Model	Camera Width	Camera Height	Camera Depth	Camera Weight	Battery Life	Weather Sealing	Camera Launch	Launch Price (USD)	Street Price
1.		Olympus E-M5 III	125 mm	85 mm	50 mm	414 g	310	Y	Oct 2019	1,199	ebay.com
2.		Olympus PEN-F	125 mm	72 mm	37 mm	427 g	330	n	Jan 2016	1,199	ebay.com
3.		Olympus E-M1 III	134 mm	91 mm	69 mm	580 g	420	Y	Feb 2020	1,799	ebay.com
4.		Olympus E-M10 IV	122 mm	84 mm	49 mm	383 g	360	n	Aug 2020	699	amazon.com
5.		Olympus E-M1X	144 mm	147 mm	75 mm	997 g	870	Y	Jan 2019	2,999	ebay.com
6.		Olympus E-M10 III	122 mm	84 mm	50 mm	410 g	330	n	Aug 2017	649	ebay.com
7.		Olympus E-M5 II	124 mm	85 mm	45 mm	469 g	310	Y	Feb 2015	1,099	ebay.com
8.		Olympus E-M10 II	120 mm	83 mm	47 mm	390 g	320	n	Aug 2015	649	ebay.com
9.		Olympus E-M1	130 mm	94 mm	63 mm	497 g	350	Y	Sep 2013	1,399	ebay.com
10.		Olympus E-P5	122 mm	69 mm	37 mm	420 g	330	n	May 2013	999	ebay.com
11.		Olympus E-M5	122 mm	89 mm	43 mm	425 g	360	Y	Feb 2012	1,299	ebay.com
12.		OM System OM-5	125 mm	85 mm	50 mm	414 g	310	Y	Oct 2022	1,199	amazon.com
13.		Panasonic G95	130 mm	94 mm	77 mm	536 g	290	Y	Apr 2019	999	ebay.com
14.		Panasonic GX8	133 mm	78 mm	63 mm	487 g	330	Y	Jul 2015	1,199	ebay.com
Note: Measurements and pricing do not include easily detachable parts, such as add-on or interchangeable lenses or optional viewfinders.
Convert to Imperial

The price is, of course, an important factor in any camera decision. The manufacturer’s suggested retail prices give an idea on the placement of the camera in the maker’s lineup and the broader market. The two cameras under review were launched at the same price and fall into the same market segment. Usually, retail prices stay at first close to the launch price, but after several months, discounts become available. Later in the product cycle and, in particular, when the replacement model is about to appear, further discounting and stock clearance sales often push the camera price considerably down. Then, after the new model is out, very good deals can frequently be found on the pre-owned market.

Sensor comparison

The size of the imaging sensor is a crucial determinant of image quality. A large sensor will generally have larger individual pixels that offer better low-light sensitivity, provide wider dynamic range, and have richer color-depth than smaller pixels in a sensor of the same technological generation. Further, a large sensor camera will give the photographer additional creative options when using shallow depth-of-field to isolate a subject from its background. On the downside, larger sensors are more costly to manufacture and tend to lead to bigger and heavier cameras and lenses.

Both cameras under consideration feature a Four Thirds sensor and have a format factor (sometimes also referred to as "crop factor") of 2.0. Within the spectrum of camera sensors, this places the review cameras among the medium-sized sensor cameras that aim to strike a balance between image quality and portability. Both cameras feature a native aspect ratio (sensor width to sensor height) of 4:3.

In terms of chip-set technology, the E-M5 III uses a more advanced image processing engine (TruePic VIII) than the PEN-F (TruePic VII), with benefits for noise reduction, color accuracy, and processing speed.

The two cameras under review do not only share the same sensor size, but also offer an identical resolution of 20.2 megapixels. This similarity in sensor specs implies that both the E-M5 III and the PEN-F have the same pixel density, as well as the same pixel size. It should, however, be noted that the E-M5 III is much more recent (by 3 years and 8 months) than the PEN-F, and its sensor will have benefitted from technological advances during this time. Coming back to sensor resolution, it should be mentioned that neither of the two cameras has an anti-alias filter installed, so they are able to capture all the detail the sensor resolves.

The E-M5 III has on-sensor phase detect pixels, which results in fast and reliable autofocus acquisition even during live view operation.

Both cameras have the capacity to capture high quality composite images by combining multiple shots after shifting the sensor by miniscule distances. This multi-shot, pixel-shift mode is most suitable for photography of stationary objects (landscapes, studio scenes).

The Olympus OM-D E-M5 Mark III has a native sensitivity range from ISO 200 to ISO 25600, which can be extended to ISO 64-25600. The corresponding ISO settings for the Olympus PEN-F are ISO 80 to ISO 25600 (no boost).

Technology-wise, both cameras are equipped with CMOS (Complementary Metal–Oxide–Semiconductor) sensors. Both cameras use a Bayer filter for capturing RGB colors on a square grid of photosensors. This arrangement is found in most digital cameras.

For many cameras, data on sensor performance has been reported by DXO Mark. This service determines an overall sensor rating, as well as sub-scores for low-light sensitivity ("DXO Sports"), dynamic range ("DXO Landscape"), and color depth ("DXO Portrait"). The adjacent table reports on the physical sensor characteristics and the outcomes of the DXO sensor quality tests for a sample of comparator-cameras.

Sensor Characteristics

#		Camera Model	Sensor Class	Resolution (MP)	Horiz. Pixels	Vert. Pixels	Video Format	DXO Portrait	DXO Landscape	DXO Sports	DXO Overall
1.		Olympus E-M5 III	Four Thirds	20.2	5184	3888	4K/30p	23.3	13.1	1324	76
2.		Olympus PEN-F	Four Thirds	20.2	5184	3888	1080/60p	23.1	12.4	894	74
3.		Olympus E-M1 III	Four Thirds	20.2	5184	3888	4K/30p	23.3	13.1	1356	76
4.		Olympus E-M10 IV	Four Thirds	20.2	5184	3888	4K/30p	23.3	13.2	1402	76
5.		Olympus E-M1X	Four Thirds	20.2	5184	3888	4K/30p	23.2	13.0	1254	75
6.		Olympus E-M10 III	Four Thirds	15.9	4608	3456	4K/30p	23.1	12.8	1120	74
7.		Olympus E-M5 II	Four Thirds	15.9	4608	3456	1080/60p	23.0	12.5	842	73
8.		Olympus E-M10 II	Four Thirds	15.9	4608	3456	1080/60p	23.1	12.5	842	73
9.		Olympus E-M1	Four Thirds	15.9	4608	3456	1080/30p	23.0	12.7	757	73
10.		Olympus E-P5	Four Thirds	15.9	4608	3456	1080/30p	22.8	12.4	895	72
11.		Olympus E-M5	Four Thirds	15.9	4608	3456	1080/60i	22.8	12.3	826	71
12.		OM System OM-5	Four Thirds	20.2	5184	3888	4K/30p	23.4	13.4	1622	78
13.		Panasonic G95	Four Thirds	20.2	5184	3888	4K/30p	23.2	13.0	1273	75
14.		Panasonic GX8	Four Thirds	20.2	5184	3888	4K/30p	23.5	12.6	806	75
Note: DXO values in italics represent estimates based on sensor size and age.

Many modern cameras are not only capable of taking still images, but also of capturing video footage. The two cameras under consideration both have sensors whose read-out speed is fast enough to capture moving pictures, but the E-M5 III provides a higher video resolution than the PEN-F. It can shoot video footage at 4K/30p, while the PEN-F is limited to 1080/60p.

Feature comparison

Apart from body and sensor, cameras can and do differ across a range of features. The E-M5 III and the PEN-F are similar in the sense that both feature an electronic viewfinder, which is helpful when framing images in bright sunlight. Moreover, their viewfinders offer an identical resolution of 2360k dots. The adjacent table lists some of the other core features of the Olympus E-M5 III and Olympus PEN-F along with similar information for a selection of comparators.

Core Features

#		Camera Model	Viewfinder (Type or 000 dots)	Control Panel (yes/no)	LCD Specifications (inch/000 dots)	LCD Attach- ment	Touch Screen (yes/no)	Max Shutter Speed *	Max Shutter Flaps *	Built-in Flash (yes/no)	Built-in Image Stab
1.		Olympus E-M5 III	2360	n	3.0 / 1040	swivel	Y	1/8000s	10.0/s	n	Y
2.		Olympus PEN-F	2360	n	3.0 / 1037	swivel	Y	1/8000s	10.0/s	n	Y
3.		Olympus E-M1 III	2360	n	3.0 / 1037	swivel	Y	1/8000s	18.0/s	n	Y
4.		Olympus E-M10 IV	2360	n	3.0 / 1040	tilting	Y	1/4000s	15.0/s	Y	Y
5.		Olympus E-M1X	2360	n	3.0 / 1037	swivel	Y	1/8000s	18.0/s	n	Y
6.		Olympus E-M10 III	2360	n	3.0 / 1040	tilting	Y	1/4000s	8.6/s	Y	Y
7.		Olympus E-M5 II	2360	n	3.0 / 1037	swivel	Y	1/8000s	10.0/s	n	Y
8.		Olympus E-M10 II	2360	n	3.0 / 1040	tilting	Y	1/4000s	8.0/s	Y	Y
9.		Olympus E-M1	2360	n	3.0 / 1037	tilting	Y	1/8000s	10.0/s	n	Y
10.		Olympus E-P5	optional	n	3.0 / 1037	tilting	Y	1/8000s	9.0/s	Y	Y
11.		Olympus E-M5	1440	n	3.0 / 610	tilting	Y	1/4000s	9.0/s	n	Y
12.		OM System OM-5	2360	n	3.0 / 1040	swivel	Y	1/8000s	10.0/s	n	Y
13.		Panasonic G95	2360	n	3.0 / 1240	swivel	Y	1/4000s	9.0/s	Y	Y
14.		Panasonic GX8	2360	n	3.0 / 1040	swivel	Y	1/8000s	10.0/s	n	Y
Note: *) Information refers to the mechanical shutter, unless the camera only has an electronic one.

The reported shutter speed information refers to the use of the mechanical shutter. Yet, some cameras only have an electronic shutter, while others have an electronic shutter in addition to a mechanical one. In fact, both cameras under consideration feature an electronic shutter, which makes completely silent shooting possible. However, this mode is less suitable for photographing moving objects (risk of rolling shutter) or shooting under artificial light sources (risk of flickering).

The Olympus E-M5 III and the Olympus PEN-F both have an intervalometer built-in. This enables the photographer to capture time lapse sequences, such as flower blooming, a sunset or moon rise, without purchasing an external camera trigger and related software.

Concerning the storage of imaging data, both the E-M5 III and the PEN-F write their files to SDXC cards. Both cameras support UHS-II cards, which provide for Ultra High Speed data transfer of up to 312 MB/s.

Connectivity comparison

For some imaging applications, the extent to which a camera can communicate with its environment can be an important aspect in the camera decision process. The table below provides an overview of the connectivity of the Olympus OM-D E-M5 Mark III and Olympus PEN-F and, in particular, the interfaces the cameras (and selected comparators) provide for accessory control and data transfer.

Input-Output Connections

#		Camera Model	Hotshoe Port	Internal Mic / Speaker	Microphone Port	Headphone Port	HDMI Port	USB Port	WiFi Support	NFC Support	Bluetooth Support
1.		Olympus E-M5 III	Y	stereo / mono	Y	-	micro	2.0	Y	-	Y
2.		Olympus PEN-F	Y	stereo / mono	-	-	micro	2.0	Y	-	-
3.		Olympus E-M1 III	Y	stereo / mono	Y	Y	micro	3.1	Y	-	Y
4.		Olympus E-M10 IV	Y	stereo / mono	-	-	micro	2.0	Y	-	Y
5.		Olympus E-M1X	Y	stereo / mono	Y	Y	micro	3.0	Y	-	Y
6.		Olympus E-M10 III	Y	stereo / mono	-	-	micro	2.0	Y	-	-
7.		Olympus E-M5 II	Y	stereo / mono	Y	-	micro	2.0	Y	-	-
8.		Olympus E-M10 II	Y	stereo / mono	-	-	micro	2.0	Y	-	-
9.		Olympus E-M1	Y	stereo / mono	Y	-	micro	2.0	Y	-	-
10.		Olympus E-P5	Y	stereo / mono	-	-	micro	2.0	Y	-	-
11.		Olympus E-M5	Y	stereo / mono	-	-	mini	2.0	-	-	-
12.		OM System OM-5	Y	stereo / mono	Y	-	micro	2.0	Y	-	Y
13.		Panasonic G95	Y	stereo / mono	Y	Y	micro	2.0	Y	-	Y
14.		Panasonic GX8	Y	stereo / mono	Y	-	micro	2.0	Y	Y	-

It is notable that the E-M5 III has a microphone port, which is missing on the PEN-F. Such an external microphone input can help to substantially improve the quality of audio recordings when a good external microphone is used.

Both the E-M5 III and the PEN-F have been discontinued, but can regularly be found used on ebay. The E-M5 III was replaced by the OM System OM-5, while the PEN-F does not have a direct successor. Further information on the features and operation of the E-M5 III and PEN-F can be found, respectively, in the Olympus E-M5 III Manual (free pdf) or the online Olympus PEN-F Manual.

Review summary

So how do things add up? Which of the two cameras – the Olympus E-M5 III or the Olympus PEN-F – has the upper hand? Is one clearly better than the other? The listing below highlights the relative strengths of the two models.

Advantages of the Olympus OM-D E-M5 Mark III:

• Better jpgs: Has a more modern image processing engine (TruePic VIII vs TruePic VII).
• Better video: Provides higher definition movie capture (4K/30p vs 1080/60p).
• Better live-view autofocus: Features on-sensor phase-detection for more confident autofocus.
• Better sound: Can connect to an external microphone for higher quality sound recording.
• Larger viewfinder image: Features a viewfinder with a higher magnification (0.68x vs 0.62x).
• Easier travel charging: Can be conveniently charged via its USB port.
• Better sealing: Is weather sealed to enable shooting in dusty or wet environments.
• Easier wireless transfer: Supports Bluetooth for image sharing without cables.
• More modern: Reflects 3 years and 8 months of technical progress since the PEN-F launch.

Arguments in favor of the Olympus PEN-F:

• More compact: Is smaller (125x72mm vs 125x85mm) and will fit more readily into a bag.
• More heavily discounted: Has been around for much longer (launched in January 2016).

If the count of relative strengths (bullet points above) is taken as a measure, the E-M5 III is the clear winner of the match-up (9 : 2 points). However, the relevance of individual strengths will vary across photographers, so that you might want to apply your own weighing scheme to the summary points when reflecting and deciding on a new camera. A professional wildlife photographer will view the differences between cameras in a way that diverges from the perspective of a family photog, and a person interested in architecture has distinct needs from a sports shooter. Hence, the decision which camera is best and worth buying is often a very personal one.

How about other alternatives? Do the specifications of the Olympus E-M5 III and the Olympus PEN-F place the cameras among the top in their class? Find out in the latest Best Mirrorless Interchangeable Lens Camera listing whether the two cameras rank among the cream of the crop.

In any case, while the comparison of technical specifications can provide a useful overview of the capabilities of different cameras, it remains incomplete and does no justice, for example, to the way the E-M5 III or the PEN-F perform in practice. User reviews that are available, for instance, at amazon can sometimes shed light on these issues, but such feedback is all too often partial, inconsistent, and inaccurate.

Expert reviews

This is why expert reviews are important. The adjacent summary-table relays the overall verdicts of several of the most popular camera review sites (amateurphotographer [AP], cameralabs [CL], digitalcameraworld [DCW], dpreview [DPR], ephotozine [EPZ], photographyblog [PB]). As can be seen, the professional reviewers agree in many cases on the quality of different cameras, but sometimes their assessments diverge, reinforcing the earlier point that a camera decision is often a very personal choice.

Expert Camera Reviews

#		Camera   Model	AP   score	CL   score	DCW   score	DPR   score	EPZ   score	PB   score	Camera Launch	Launch Price (USD)	Street Price
1.		Olympus E-M5 III	5/5	+	5/5	82/100	4.5/5	4.5/5	Oct 2019	1,199	ebay.com
2.		Olympus PEN-F	..	..	4/5	82/100	4.5/5	5/5	Jan 2016	1,199	ebay.com
3.		Olympus E-M1 III	5/5	..	5/5	83/100	4.5/5	4/5	Feb 2020	1,799	ebay.com
4.		Olympus E-M10 IV	4.5/5	..	5/5	81/100	4.5/5	4.5/5	Aug 2020	699	amazon.com
5.		Olympus E-M1X	4.5/5	o	5/5	85/100	4.5/5	..	Jan 2019	2,999	ebay.com
6.		Olympus E-M10 III	..	+	5/5	80/100	4.5/5	4.5/5	Aug 2017	649	ebay.com
7.		Olympus E-M5 II	5/5	+ +	4.5/5	81/100	5/5	5/5	Feb 2015	1,099	ebay.com
8.		Olympus E-M10 II	4.5/5	+ +	..	80/100	5/5	5/5	Aug 2015	649	ebay.com
9.		Olympus E-M1	5/5	+ +	..	84/100	4.5/5	4.5/5	Sep 2013	1,399	ebay.com
10.		Olympus E-P5	5/5	+ +	..	78/100	4.5/5	5/5	May 2013	999	ebay.com
11.		Olympus E-M5	4/5	+ +	..	80/100	4.5/5	5/5	Feb 2012	1,299	ebay.com
12.		OM System OM-5	5/5	..	4.5/5	83/100	5/5	4.5/5	Oct 2022	1,199	amazon.com
13.		Panasonic G95	4.5/5	+	4.5/5	83/100	4.5/5	4.5/5	Apr 2019	999	ebay.com
14.		Panasonic GX8	5/5	+	..	82/100	4.5/5	4.5/5	Jul 2015	1,199	ebay.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

The above review scores should be interpreted with care, though. The assessments were made in relation to similar cameras of the same technological generation. Hence, a score should always be seen in the context of the camera's market launch date and its price, and rating-comparisons among cameras that span long time periods or concern very differently equipped models make little sense. It should also be noted that some of the review sites have over time altered the way they render their verdicts.

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Other camera comparisons

Did this review help to inform your camera decision process? If you would like to see a different side-by-side camera review, just make a corresponding selection in the search boxes below. As an alternative, you can also directly jump to any one of the listed comparisons that were previously generated by the CAM-parator tool.

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