Olympus PEN-F vs Panasonic GH5

The Olympus PEN-F and the Panasonic Lumix DC-GH5 are two enthusiast cameras that were announced, respectively, in January 2016 and January 2017. Both the PEN-F and the GH5 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 PEN-F		Panasonic GH5
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
1080/60p Video		4K/60p Video
ISO 80-25,600		ISO 200-25,600
Electronic viewfinder (2360k dots)		Electronic viewfinder (3680k dots)
3.0" LCD – 1037k dots		3.2" LCD – 1620k dots
Swivel touchscreen		Swivel touchscreen
10 shutter flaps per second		12 shutter flaps per second
In-body stabilization		In-body stabilization
not weather sealed		Weathersealed body
330 shots per battery charge		410 shots per battery charge
125 x 72 x 37 mm, 427 g		139 x 98 x 87 mm, 725 g

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Going beyond this snapshot of core features and characteristics, what are the differences between the Olympus PEN-F and the Panasonic Lumix DC-GH5? 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

The side-by-side display below illustrates the physical size and weight of the Olympus PEN-F and the Panasonic GH5. 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.

The PEN-F can be obtained in two different colors (black, silver), while the GH5 is only available in black.

If the front view area (width x height) of the cameras is taken as an aggregate measure of their size, the Panasonic GH5 is considerably larger (51 percent) than the Olympus PEN-F. Moreover, the GH5 is substantially heavier (70 percent) than the PEN-F. It is noteworthy in this context that the GH5 is splash and dust-proof, 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 PEN-F gets 330 shots out of its BLN-1 battery, while the GH5 can take 410 images on a single charge of its DMW-BLF19 power pack.

The following table provides a synthesis of the main physical specifications of the two cameras and other similar ones. 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 PEN-F	125 mm	72 mm	37 mm	427 g	330	n	Jan 2016	1,199	ebay.com
2.		Panasonic GH5	139 mm	98 mm	87 mm	725 g	410	Y	Jan 2017	1,999	ebay.com
3.		Olympus E-M10 III	122 mm	84 mm	50 mm	410 g	330	n	Aug 2017	649	ebay.com
4.		Olympus E-M1 II	134 mm	91 mm	67 mm	574 g	440	Y	Sep 2016	1,999	ebay.com
5.		Olympus E-PL8	115 mm	67 mm	38 mm	357 g	350	n	Sep 2016	549	ebay.com
6.		Olympus E-M5 II	124 mm	85 mm	45 mm	469 g	310	Y	Feb 2015	1,099	ebay.com
7.		Olympus E-M10 II	120 mm	83 mm	47 mm	390 g	320	n	Aug 2015	649	ebay.com
8.		Olympus E-PL7	115 mm	67 mm	38 mm	357 g	350	n	Aug 2014	599	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-1	135 mm	92 mm	73 mm	599 g	520	Y	Feb 2022	2,199	amazon.com
13.		Panasonic GH5 II	139 mm	98 mm	87 mm	727 g	400	Y	May 2021	1,699	amazon.com
14.		Panasonic S5	133 mm	98 mm	82 mm	714 g	440	Y	Sep 2020	1,999	amazon.com
15.		Panasonic G9	137 mm	97 mm	92 mm	658 g	400	Y	Nov 2017	1,699	amazon.com
16.		Panasonic GX8	133 mm	78 mm	63 mm	487 g	330	Y	Jul 2015	1,199	ebay.com
17.		Panasonic GX7	123 mm	71 mm	55 mm	402 g	350	n	Aug 2013	999	ebay.com
Note: Measurements and pricing do not include easily detachable parts, such as add-on or interchangeable lenses or optional viewfinders.
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Any camera decision will obviously take relative prices into account. 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 PEN-F was launched at a markedly lower price (by 40 percent) than the GH5, which puts it into a different market segment. Normally, street prices remain initially close to the MSRP, but after a couple of months, the first discounts appear. 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 tend to have larger individual pixels that provide better low-light sensitivity, wider dynamic range, and richer color-depth than smaller pixel-units 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.

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 PEN-F and the GH5 have the same pixel density, as well as the same pixel size. It should, however, be noted that the GH5 is a somewhat more recent model (by 11 months) than the PEN-F, and its sensor might 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.

Unlike the GH5, the PEN-F has the capacity to capture high quality composite images (40MP) by combining multiple shots after shifting its sensor by miniscule distances. This multi-shot, pixel-shift mode is most suitable for photography of stationary objects (landscapes, studio scenes).

The Olympus PEN-F has a native sensitivity range from ISO 80 to ISO 25600. The corresponding ISO settings for the Panasonic Lumix DC-GH5 are ISO 200 to ISO 25600, with the possibility to increase the ISO range to 100-25600.

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.

Since 2007, DXO Mark has published sensor performance measurements that have been derived using a consistent methodology. 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 Overall DXO ratings for the two cameras under consideration are close, suggesting that they provide similar imaging performance. The following table provides an overview of the physical sensor characteristics, as well as the sensor quality measurements for a selection of comparators.

Sensor Characteristics

		Camera Model	Sensor Class	Resolution (MP)	Horiz. Pixels	Vert. Pixels	Video Format	DXO Portrait	DXO Landscape	DXO Sports	DXO Overall
1.		Olympus PEN-F	Four Thirds	20.2	5184	3888	1080/60p	23.1	12.4	894	74
2.		Panasonic GH5	Four Thirds	20.2	5184	3888	4K/60p	23.9	13.0	807	77
3.		Olympus E-M10 III	Four Thirds	15.9	4608	3456	4K/30p	23.1	12.8	1120	74
4.		Olympus E-M1 II	Four Thirds	20.2	5184	3888	4K/30p	23.7	12.8	1312	80
5.		Olympus E-PL8	Four Thirds	15.9	4608	3456	1080/30p	23.0	12.6	1030	73
6.		Olympus E-M5 II	Four Thirds	15.9	4608	3456	1080/60p	23.0	12.5	842	73
7.		Olympus E-M10 II	Four Thirds	15.9	4608	3456	1080/60p	23.1	12.5	842	73
8.		Olympus E-PL7	Four Thirds	15.9	4608	3456	1080/30p	22.7	12.4	873	72
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-1	Four Thirds	20.2	5184	3888	4K/60p	23.4	13.4	1553	77
13.		Panasonic GH5 II	Four Thirds	20.2	5184	3888	4K/60p	23.7	13.1	1136	79
14.		Panasonic S5	Full Frame	24.0	6000	4000	4K/60p	25.1	14.5	2697	94
15.		Panasonic G9	Four Thirds	20.2	5184	3888	4K/60p	23.1	12.8	1138	74
16.		Panasonic GX8	Four Thirds	20.2	5184	3888	4K/30p	23.5	12.6	806	75
17.		Panasonic GX7	Four Thirds	15.8	4592	3448	1080/60p	22.6	12.2	718	70
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 can also record movies. Both cameras under consideration are equipped with sensors that have a sufficiently high read-out speed for moving images, but the GH5 provides a better video resolution than the PEN-F. It can shoot movie footage at 4K/60p, while the Olympus is limited to 1080/60p.

Feature comparison

Apart from body and sensor, cameras can and do differ across a range of features. The two cameras under review are similar with respect to both having an electronic viewfinder. However, the one in the GH5 offers a substantially higher resolution than the one in the PEN-F (3680k vs 2360k dots). The adjacent table lists some of the other core features of the Olympus PEN-F and Panasonic GH5 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 PEN-F	2360	n	3.0 / 1037	swivel	Y	1/8000s	10.0/s	n	Y
2.		Panasonic GH5	3680	n	3.2 / 1620	swivel	Y	1/8000s	12.0/s	n	Y
3.		Olympus E-M10 III	2360	n	3.0 / 1040	tilting	Y	1/4000s	8.6/s	Y	Y
4.		Olympus E-M1 II	2360	n	3.0 / 1037	swivel	Y	1/8000s	18.0/s	n	Y
5.		Olympus E-PL8	optional	n	3.0 / 1037	tilting	Y	1/4000s	8.0/s	n	Y
6.		Olympus E-M5 II	2360	n	3.0 / 1037	swivel	Y	1/8000s	10.0/s	n	Y
7.		Olympus E-M10 II	2360	n	3.0 / 1040	tilting	Y	1/4000s	8.0/s	Y	Y
8.		Olympus E-PL7	optional	n	3.0 / 1037	tilting	Y	1/4000s	8.0/s	n	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-1	5760	n	3.0 / 1640	swivel	Y	1/8000s	10.0/s	n	Y
13.		Panasonic GH5 II	3680	n	3.0 / 1840	swivel	Y	1/8000s	12.0/s	n	Y
14.		Panasonic S5	2360	n	3.0 / 1840	swivel	Y	1/8000s	7.0/s	n	Y
15.		Panasonic G9	3680	Y	3.0 / 1040	swivel	Y	1/8000s	20.0/s	n	Y
16.		Panasonic GX8	2360	n	3.0 / 1040	swivel	Y	1/8000s	10.0/s	n	Y
17.		Panasonic GX7	2760	n	3.0 / 1040	tilting	Y	1/8000s	5.0/s	Y	Y
Notes: *) 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 PEN-F and the Panasonic GH5 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 PEN-F and the GH5 write their files to SDXC cards. The GH5 features dual card slots, which can be very useful in case a memory card fails. In contrast, the PEN-F only has one slot. Moreover, both cameras support UHS-II cards (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 PEN-F and Panasonic Lumix DC-GH5 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 PEN-F	Y	stereo / mono	-	-	micro	2.0	Y	-	-
2.		Panasonic GH5	Y	stereo / mono	Y	Y	full	3.1	Y	-	Y
3.		Olympus E-M10 III	Y	stereo / mono	-	-	micro	2.0	Y	-	-
4.		Olympus E-M1 II	Y	stereo / mono	Y	Y	micro	3.0	Y	-	-
5.		Olympus E-PL8	Y	stereo / mono	-	-	micro	2.0	Y	-	-
6.		Olympus E-M5 II	Y	stereo / mono	Y	-	micro	2.0	Y	-	-
7.		Olympus E-M10 II	Y	stereo / mono	-	-	micro	2.0	Y	-	-
8.		Olympus E-PL7	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-1	Y	stereo / mono	Y	Y	micro	3.0	Y	-	Y
13.		Panasonic GH5 II	Y	stereo / mono	Y	Y	full	3.2	Y	-	Y
14.		Panasonic S5	Y	stereo / mono	Y	Y	micro	3.2	Y	-	Y
15.		Panasonic G9	Y	stereo / mono	Y	Y	full	3.0	Y	-	Y
16.		Panasonic GX8	Y	stereo / mono	Y	-	micro	2.0	Y	Y	-
17.		Panasonic GX7	Y	stereo / mono	-	-	mini	2.0	Y	Y	-

It is notable that the GH5 has a headphone jack, which makes it possible to attach external headphones and monitor the quality of sound during the recording process. The PEN-F lacks such a headphone port.

Studio photographers will appreciate that the Panasonic GH5 (unlike the PEN-F) features a PC Sync socket, so that professional strobe lights can be controlled by the camera.

Both the PEN-F and the GH5 have been discontinued, but can regularly be found used on ebay. The GH5 was replaced by the Panasonic GH5 II, while the PEN-F does not have a direct successor. Further information on the features and operation of the PEN-F and GH5 can be found, respectively, in the Olympus PEN-F Manual (free pdf) or the online Panasonic GH5 Manual.

Review summary

So what is the bottom line? Is the Olympus PEN-F better than the Panasonic GH5 or vice versa? A synthesis of the relative strong points of each of the models is listed below.

Reasons to prefer the Olympus PEN-F:

• High quality composites: Can combine several shots after pixel-shifting its sensor.
• More compact: Is smaller (125x72mm vs 139x98mm) and thus needs less room in the bag.
• Less heavy: Is lighter (by 298g or 41 percent) and hence easier to carry around.
• More affordable: Was introduced into a lower priced category (40 percent cheaper at launch).
• More heavily discounted: Has been on the market for longer (launched in January 2016).

Arguments in favor of the Panasonic Lumix DC-GH5:

• More dynamic range: Captures a broader range of light and dark details (0.6 EV of extra DR).
• Better video: Provides higher definition movie capture (4K/60p vs 1080/60p).
• Better sound: Can connect to an external microphone for higher quality sound recording.
• Better sound control: Has a headphone port that enables audio monitoring while recording.
• More detailed viewfinder: Has higher resolution electronic viewfinder (3680k vs 2360k dots).
• Larger viewfinder image: Features a viewfinder with a higher magnification (0.76x vs 0.62x).
• Larger screen: Has a bigger rear LCD (3.2" vs 3.0") for image review and settings control.
• More detailed LCD: Has a higher resolution rear screen (1620k vs 1037k dots).
• Faster burst: Shoots at higher frequency (12 vs 10 flaps/sec) to capture the decisive moment.
• Longer lasting: Gets more shots (410 versus 330) out of a single battery charge.
• Better sealing: Is splash and dust sealed for shooting in inclement weather conditions.
• Faster data transfer: Supports a more advanced USB protocol (3.1 vs 2.0).
• More solid recording: Has a full-sized HDMI port for a sturdy connection to an external recorder.
• Easier wireless transfer: Supports Bluetooth for image sharing without cables.
• Better studio light control: Has a PC Sync socket to connect to professional strobe lights.
• Greater peace of mind: Features a second card slot as a backup in case of memory card failure.
• More modern: Was introduced somewhat (11 months) more recently.

If the count of individual advantages (bullet points above) is taken as a guide, the GH5 is the clear winner of the contest (17 : 5 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 wedding photographer will view the differences between cameras in a way that diverges from the perspective of a travel photog, and a person interested in cityscapes has distinct needs from a macro 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 PEN-F and the Panasonic GH5 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 partial and cannot reveal, for example, the shooting experience and imaging performance when actually working with the PEN-F or the GH5. At times, user reviews, such as those published at amazon, address these issues in a useful manner, but such feedback is on many occasions incomplete, inconsistent, and unreliable.

Expert reviews

This is why hands-on reviews by experts 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 PEN-F	..	..	4/5	82/100	4.5/5	5/5	Jan 2016	1,199	ebay.com
2.		Panasonic GH5	4.5/5	+ +	..	85/100	4.5/5	5/5	Jan 2017	1,999	ebay.com
3.		Olympus E-M10 III	..	+	5/5	80/100	4.5/5	4.5/5	Aug 2017	649	ebay.com
4.		Olympus E-M1 II	5/5	+ +	5/5	85/100	4.5/5	4.5/5	Sep 2016	1,999	ebay.com
5.		Olympus E-PL8	..	..	..	..	4.5/5	4/5	Sep 2016	549	ebay.com
6.		Olympus E-M5 II	5/5	+ +	4.5/5	81/100	5/5	5/5	Feb 2015	1,099	ebay.com
7.		Olympus E-M10 II	4.5/5	+ +	..	80/100	5/5	5/5	Aug 2015	649	ebay.com
8.		Olympus E-PL7	4/5	+	..	..	5/5	4/5	Aug 2014	599	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-1	5/5	..	..	87/100	5/5	4.5/5	Feb 2022	2,199	amazon.com
13.		Panasonic GH5 II	4.5/5	..	4.5/5	85/100	4.5/5	5/5	May 2021	1,699	amazon.com
14.		Panasonic S5	4.5/5	+ +	4.5/5	88/100	4.5/5	4.5/5	Sep 2020	1,999	amazon.com
15.		Panasonic G9	..	+ +	5/5	85/100	5/5	5/5	Nov 2017	1,699	amazon.com
16.		Panasonic GX8	5/5	+	..	82/100	4.5/5	4.5/5	Jul 2015	1,199	ebay.com
17.		Panasonic GX7	4/5	+	..	79/100	5/5	5/5	Aug 2013	999	ebay.com
Notes: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

The above review scores should be interpreted with care, though. The ratings were established in reference to similarly priced cameras that were available in the market at the time of the review. 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. Also, kindly note that some of the listed sites have over time developped their review approaches and their reporting style.

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Other camera comparisons

Did this review help to inform your camera decision process? In case you would like to check on the differences and similarities of other camera models, just use the search menu 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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