Panasonic FZ300 vs Olympus E-M5

The Panasonic Lumix DMC-FZ300 (called Panasonic FZ330 in some regions) and the Olympus OM-D E-M5 are two digital cameras that were revealed to the public, respectively, in July 2015 and February 2012. The FZ300 is a fixed lens compact, while the E-M5 is a mirrorless interchangeable lens camera. The cameras are based on a 1/2.3-inch (FZ300) and a Four Thirds (E-M5) sensor. The Panasonic has a resolution of 12 megapixels, whereas the Olympus provides 15.9 MP.

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

Headline Specifications

Panasonic FZ300		Olympus E-M5
Fixed lens compact camera		Mirrorless system camera
25-600mm f/2.8		Micro Four Thirds lenses
12 MP – 1/2.3" sensor		15.9 MP – Four Thirds sensor
4K/30p Video		1080/60i Video
ISO 100-6,400		ISO 200-25,600
Electronic viewfinder (1440k dots)		Electronic viewfinder (1440k dots)
3.0" LCD – 1040k dots		3.0" LCD – 610k dots
Swivel touchscreen		Tilting touchscreen
12 shutter flaps per second		9 shutter flaps per second
Lens-based stabilization		In-body stabilization
Weathersealed body		Weathersealed body
380 shots per battery charge		360 shots per battery charge
132 x 92 x 117 mm, 691 g		122 x 89 x 43 mm, 425 g

Check FZ300 price at
amazon.com
Check E-M5 offers at
ebay.com

Going beyond this snapshot of core features and characteristics, what are the differences between the Panasonic Lumix DMC-FZ300 and the Olympus OM-D E-M5? 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 Panasonic FZ300 and the Olympus E-M5. The two cameras are presented according to their relative size. Three successive views from the front, the top, and the rear are shown. All width, height and depth measures are rounded to the nearest millimeter.

The E-M5 can be obtained in two different colors (black, silver), while the FZ300 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 Olympus E-M5 is notably smaller (11 percent) than the Panasonic FZ300. In this context, it is worth noting that both cameras are splash and dust-proof and can, hence, be used in inclement weather conditions or harsh environments.

The above size and weight comparisons are to some extent incomplete and possibly misleading, as the FZ300 has a lens built in, whereas the E-M5 is an interchangeable lens camera that requires a separate lens. Attaching the latter will add extra weight and bulk to the setup. You can compare the optics available for the E-M5 and their specifications in the Micro Four Thirds Lens Catalog.

Concerning battery life, the FZ300 gets 380 shots out of its Panasonic DMW-BLC12 battery, while the E-M5 can take 360 images on a single charge of its Olympus BLN-1 power pack.

The table below summarizes the key physical specs of the two cameras alongside a broader set of comparators. 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.		Panasonic FZ300	132 mm	92 mm	117 mm	691 g	380	Y	Jul 2015	599	amazon.com
2.		Olympus E-M5	122 mm	89 mm	43 mm	425 g	360	Y	Feb 2012	1,299	ebay.com
3.		Canon G3 X	123 mm	77 mm	105 mm	733 g	300	Y	Jun 2015	999	ebay.com
4.		Canon SX60	128 mm	93 mm	114 mm	650 g	340	n	Sep 2014	549	ebay.com
5.		Canon SX1	128 mm	88 mm	88 mm	615 g	..	n	Sep 2008	599	ebay.com
6.		Fujifilm X30	119 mm	72 mm	60 mm	423 g	470	n	Aug 2014	599	ebay.com
7.		Kodak AZ901	139 mm	104 mm	119 mm	777 g	400	n	Jan 2016	499	amazon.com
8.		Olympus PEN-F	125 mm	72 mm	37 mm	427 g	330	n	Jan 2016	1,199	ebay.com
9.		Olympus E-M5 II	124 mm	85 mm	45 mm	469 g	310	Y	Feb 2015	1,099	ebay.com
10.		Olympus E-M1	130 mm	94 mm	63 mm	497 g	350	Y	Sep 2013	1,399	ebay.com
11.		Olympus E-P5	122 mm	69 mm	37 mm	420 g	330	n	May 2013	999	ebay.com
12.		Panasonic GX7	123 mm	71 mm	55 mm	402 g	350	n	Aug 2013	999	ebay.com
13.		Panasonic FZ200	125 mm	87 mm	110 mm	588 g	540	n	Jul 2012	599	ebay.com
14.		Panasonic FZ150	124 mm	82 mm	92 mm	528 g	410	n	Aug 2011	499	ebay.com
15.		Panasonic FZ100	124 mm	82 mm	92 mm	540 g	410	n	Jul 2010	499	ebay.com
16.		Panasonic LX5	110 mm	65 mm	43 mm	271 g	400	n	Jul 2010	499	ebay.com
17.		Sony HX400V	130 mm	93 mm	103 mm	660 g	300	n	Feb 2014	499	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 naturally be influenced heavily by the price. 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 FZ300 was launched at a lower price than the E-M5, despite having a lens built in. 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.

Sensor comparison

The imaging sensor is at the core of digital cameras and its size is one of the main determining factors of image quality. All other things equal, a large sensor will have larger individual pixel-units that offer better low-light sensitivity, wider dynamic range, and richer color-depth than smaller pixels in a sensor of the same technological generation. Moreover, a large sensor camera will give the photographer more control over depth-of-field in the image and, thus, the ability to better isolate a subject from the background. On the downside, larger sensors are more costly to manufacture and tend to lead to bigger and heavier cameras and lenses.

Of the two cameras under consideration, the Panasonic FZ300 features a 1/2.3-inch sensor and the Olympus E-M5 a Four Thirds sensor. The sensor area in the E-M5 is 704 percent bigger. As a result of these sensor size differences, the cameras have a format factor of, respectively, 5.6 and 2.0. Both cameras feature a native aspect ratio (sensor width to sensor height) of 4:3.

With 15.9MP, the E-M5 offers a higher resolution than the FZ300 (12MP), but the E-M5 nevertheless has larger individual pixels (pixel pitch of 3.76μm versus 1.53μm for the FZ300) due to its larger sensor. However, the FZ300 is a much more recent model (by 3 years and 5 months) than the E-M5, and its sensor will have benefitted from technological advances during this time that enhance the light gathering capacity of its pixel-units. Coming back to sensor resolution, it should be mentioned that the FZ300 has no anti-alias filter installed, so that it can capture all the detail its sensor resolves.

The resolution advantage of the Olympus E-M5 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the E-M5 for good quality output (200 dots per inch) amounts to 23 x 17.3 inches or 58.5 x 43.9 cm, for very good quality (250 dpi) 18.4 x 13.8 inches or 46.8 x 35.1 cm, and for excellent quality (300 dpi) 15.4 x 11.5 inches or 39 x 29.3 cm. The corresponding values for the Panasonic FZ300 are 20 x 15 inches or 50.8 x 38.1 cm for good quality, 16 x 12 inches or 40.6 x 30.5 cm for very good quality, and 13.3 x 10 inches or 33.9 x 25.4 cm for excellent quality prints.

The Panasonic Lumix DMC-FZ300 has a native sensitivity range from ISO 100 to ISO 6400. The corresponding ISO settings for the Olympus OM-D E-M5 are ISO 200 to ISO 25600 (no boost).

In terms of underlying technology, the FZ300 is build around a BSI-CMOS sensor, while the E-M5 uses a CMOS imager. Both cameras use a Bayer filter for capturing RGB colors on a square grid of photosensors. This arrangement is found in most digital cameras.

Consistent information on actual sensor performance is available from DXO Mark for many cameras. 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"). Of the two cameras under consideration, the E-M5 offers substantially better image quality than the FZ300 (overall score 33 points higher). The advantage is based on 3.5 bits higher color depth, 1.3 EV in additional dynamic range, and 3.1 stops in additional low light sensitivity. The table below summarizes the physical sensor characteristics and sensor quality findings and compares them across a set of similar cameras.

Sensor Characteristics

#		Camera Model	Sensor Class	Resolution (MP)	Horiz. Pixels	Vert. Pixels	Video Format	DXO Portrait	DXO Landscape	DXO Sports	DXO Overall
1.		Panasonic FZ300	1/2.3	12.0	4000	3000	4K/30p	19.3	11.0	97	38
2.		Olympus E-M5	Four Thirds	15.9	4608	3456	1080/60i	22.8	12.3	826	71
3.		Canon G3 X	1-inch	20.0	5472	3648	1080/60p	21.4	12.3	521	63
4.		Canon SX60	1/2.3	14.2	4608	3072	1080/60p	19.2	10.8	127	39
5.		Canon SX1	1/2.3	10.0	3648	2736	1080/30p	19.0	10.3	144	35
6.		Fujifilm X30	2/3	12.0	4000	3000	1080/60p	20.4	11.2	-312	49
7.		Kodak AZ901	1/2.3	20.2	5184	3888	1080/30p	20.3	11.7	806	48
8.		Olympus PEN-F	Four Thirds	20.2	5184	3888	1080/60p	23.1	12.4	894	74
9.		Olympus E-M5 II	Four Thirds	15.9	4608	3456	1080/60p	23.0	12.5	842	73
10.		Olympus E-M1	Four Thirds	15.9	4608	3456	1080/30p	23.0	12.7	757	73
11.		Olympus E-P5	Four Thirds	15.9	4608	3456	1080/30p	22.8	12.4	895	72
12.		Panasonic GX7	Four Thirds	15.8	4592	3448	1080/60p	22.6	12.2	718	70
13.		Panasonic FZ200	1/2.3	12.0	4000	3000	1080/60p	19.1	10.8	114	37
14.		Panasonic FZ150	1/2.3	12.0	4000	3000	1080/60p	19.4	10.9	132	40
15.		Panasonic FZ100	1/2.3	14.0	4320	3240	1080/60i	19.4	10.7	306	39
16.		Panasonic LX5	1/1.7	10.0	3648	2736	720/60p	19.6	10.8	132	41
17.		Sony HX400V	1/2.3	20.2	5184	3888	1080/60p	20.1	11.4	629	45
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. Both cameras under consideration are equipped with sensors that have a sufficiently high read-out speed for moving images, but the FZ300 provides a higher video resolution than the E-M5. It can shoot video footage at 4K/30p, while the Olympus is limited to 1080/60i.

Feature comparison

Apart from body and sensor, cameras can and do differ across a range of features. The FZ300 and the E-M5 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 1440k dots. The table below summarizes some of the other core capabilities of the Panasonic FZ300 and Olympus E-M5 in connection with corresponding information for a sample of similar cameras.

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.		Panasonic FZ300	1440	n	3.0 / 1040	swivel	Y	1/4000s	12.0/s	Y	Y
2.		Olympus E-M5	1440	n	3.0 / 610	tilting	Y	1/4000s	9.0/s	n	Y
3.		Canon G3 X	optional	n	3.2 / 1620	tilting	Y	1/2000s	5.9/s	Y	Y
4.		Canon SX60	922	n	3.0 / 922	swivel	n	1/2000s	6.4/s	Y	Y
5.		Canon SX1	202	n	2.8 / 230	swivel	n	1/3200s	4.0/s	Y	Y
6.		Fujifilm X30	2360	n	3.0 / 920	tilting	n	1/4000s	12.0/s	Y	Y
7.		Kodak AZ901	202	n	3.0 / 920	swivel	n	1/2000s	5.0/s	Y	Y
8.		Olympus PEN-F	2360	n	3.0 / 1037	swivel	Y	1/8000s	10.0/s	n	Y
9.		Olympus E-M5 II	2360	n	3.0 / 1037	swivel	Y	1/8000s	10.0/s	n	Y
10.		Olympus E-M1	2360	n	3.0 / 1037	tilting	Y	1/8000s	10.0/s	n	Y
11.		Olympus E-P5	optional	n	3.0 / 1037	tilting	Y	1/8000s	9.0/s	Y	Y
12.		Panasonic GX7	2760	n	3.0 / 1040	tilting	Y	1/8000s	5.0/s	Y	Y
13.		Panasonic FZ200	1312	n	3.0 / 460	swivel	n	1/4000s	12.0/s	Y	Y
14.		Panasonic FZ150	202	n	3.0 / 460	swivel	n	1/2000s	12.0/s	Y	Y
15.		Panasonic FZ100	202	n	3.0 / 460	swivel	n	1/2000s	11.0/s	Y	Y
16.		Panasonic LX5	optional	n	3.0 / 460	fixed	n	1/4000s	2.5/s	Y	Y
17.		Sony HX400V	210	n	3.0 / 921	tilting	n	1/4000s	10.0/s	Y	Y
Note: *) Information refers to the mechanical shutter, unless the camera only has an electronic one.

One difference between the cameras concerns the presence of an on-board flash. The FZ300 has one, while the E-M5 does not. While the built-in flash of the FZ300 is not very powerful, it can at times be useful as a fill-in light.

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, the FZ300 is one of those camera that have an additional 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 Panasonic FZ300 has 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 FZ300 and the E-M5 write their files to SDXC cards. Both cameras can use UHS-I cards, which provide for Ultra High Speed data transfer of up to 104 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 Panasonic Lumix DMC-FZ300 and Olympus OM-D E-M5 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.		Panasonic FZ300	Y	stereo / mono	Y	-	mini	2.0	Y	-	-
2.		Olympus E-M5	Y	stereo / mono	-	-	mini	2.0	-	-	-
3.		Canon G3 X	Y	stereo / mono	Y	Y	mini	2.0	Y	Y	-
4.		Canon SX60	Y	stereo / mono	Y	-	mini	2.0	Y	Y	-
5.		Canon SX1	Y	stereo / mono	-	-	YES	2.0	-	-	-
6.		Fujifilm X30	Y	stereo / mono	-	-	micro	2.0	Y	-	-
7.		Kodak AZ901	-	stereo / mono	-	-	micro	2.0	Y	-	-
8.		Olympus PEN-F	Y	stereo / mono	-	-	micro	2.0	Y	-	-
9.		Olympus E-M5 II	Y	stereo / mono	Y	-	micro	2.0	Y	-	-
10.		Olympus E-M1	Y	stereo / mono	Y	-	micro	2.0	Y	-	-
11.		Olympus E-P5	Y	stereo / mono	-	-	micro	2.0	Y	-	-
12.		Panasonic GX7	Y	stereo / mono	-	-	mini	2.0	Y	Y	-
13.		Panasonic FZ200	Y	stereo / mono	Y	-	mini	2.0	-	-	-
14.		Panasonic FZ150	Y	stereo / -	-	-	mini	2.0	-	-	-
15.		Panasonic FZ100	Y	stereo / mono	-	-	mini	2.0	-	-	-
16.		Panasonic LX5	Y	mono / mono	-	-	mini	2.0	-	-	-
17.		Sony HX400V	Y	stereo / mono	-	-	micro	2.0	Y	Y	-

It is notable that the FZ300 has a microphone port, which is missing on the E-M5. Such an external microphone input can help to substantially improve the quality of audio recordings when a good external microphone is used.

The FZ300 is a recent model that features in the current product line-up of Panasonic. In contrast, the E-M5 has been discontinued (but can be found pre-owned on ebay). As a replacement in the same line of cameras, the E-M5 was succeeded by the Olympus E-M5 II. Further information on the features and operation of the FZ300 and E-M5 can be found, respectively, in the Panasonic FZ300 Manual (free pdf) or the online Olympus E-M5 Manual.

Review summary

So what is the bottom line? Which of the two cameras – the Panasonic FZ300 or the Olympus E-M5 – has the upper hand? Is one clearly better than the other? A synthesis of the relative strong points of each of the models is listed below.

Advantages of the Panasonic Lumix DMC-FZ300:

• Maximized detail: Lacks an anti-alias filter to exploit the sensor's full resolution potential.
• Better video: Provides higher definition movie capture (4K/30p vs 1080/60i).
• Better sound: Can connect to an external microphone for higher quality sound recording.
• Larger viewfinder image: Features a viewfinder with a higher magnification (0.70x vs 0.58x).
• More detailed LCD: Has a higher resolution rear screen (1040k vs 610k dots).
• More flexible LCD: Has a swivel screen for odd-angle shots in portrait or landscape orientation.
• More selfie-friendly: Has an articulated screen that can be turned to be front-facing.
• Faster burst: Shoots at higher frequency (12 vs 9 flaps/sec) to capture the decisive moment.
• Less disturbing: Has an electronic shutter option for completely silent shooting.
• Easier time-lapse photography: Has an intervalometer built-in for low frequency shooting.
• Ready to shoot: Has a lens built-in, whereas the E-M5 requires a separate lens.
• Easier fill-in: Is equipped with a small onboard flash to brighten deep shadow areas.
• Easier file upload: Has wifi built in for automatic backup or image transfer to the web.
• More affordable: Was introduced at a lower price, despite coming with a built-in lens.
• More modern: Reflects 3 years and 5 months of technical progress since the E-M5 launch.

Reasons to prefer the Olympus OM-D E-M5:

• More detail: Has more megapixels (15.9 vs 12MP), which boosts linear resolution by 15%.
• Better moiré control: Has an anti-alias filter to avoid artificial patterns to appear in images.
• Better image quality: Scores substantially higher (33 points) in the DXO overall evaluation.
• Richer colors: Generates noticeably more natural colors (3.5 bits more color depth).
• More dynamic range: Captures a broader range of light and dark details (1.3 EV of extra DR).
• Better low-light sensitivity: Can shoot in dim conditions (3.1 stops ISO advantage).
• More flexible: Takes interchangeable lenses and can thus be used with specialty optics.
• More compact: Is smaller (122x89mm vs 132x92mm) and will fit more readily into a bag.
• More heavily discounted: Has been around for much longer (launched in February 2012).

If the number of relative strengths (bullet points above) is taken as a guide, the FZ300 is the clear winner of the match-up (15 : 9 points). However, the relative importance of the various individual camera aspects will vary according to personal preferences and needs, so that you might like to apply corresponding weights to the particular features before making a decision 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 Panasonic FZ300 and the Olympus E-M5 place the cameras among the top in their class? Find out in the latest Best Superzoom Camera and Best Mirrorless Interchangeable Lens Camera listings whether the two cameras rank among the cream of the crop.

In any case, while the comparison of the spec-sheets of cameras can offer a general idea of their imaging potential, it says little about, for example, the shooting experience and imaging performance of the FZ300 and the E-M5 in practical situations. 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 where reviews by experts come in. 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.		Panasonic FZ300	..	+ +	..	..	4.5/5	4.5/5	Jul 2015	599	amazon.com
2.		Olympus E-M5	4/5	+ +	..	80/100	4.5/5	5/5	Feb 2012	1,299	ebay.com
3.		Canon G3 X	3.5/5	+	..	..	4.5/5	4/5	Jun 2015	999	ebay.com
4.		Canon SX60	3/5	+ +	..	75/100	4/5	4.5/5	Sep 2014	549	ebay.com
5.		Canon SX1	..	+ +	..	+	..	3.5/5	Sep 2008	599	ebay.com
6.		Fujifilm X30	4/5	..	..	76/100	4.5/5	4.5/5	Aug 2014	599	ebay.com
7.		Kodak AZ901	..	..	..	..	3.5/5	3/5	Jan 2016	499	amazon.com
8.		Olympus PEN-F	..	..	4/5	82/100	4.5/5	5/5	Jan 2016	1,199	ebay.com
9.		Olympus E-M5 II	5/5	+ +	4.5/5	81/100	5/5	5/5	Feb 2015	1,099	ebay.com
10.		Olympus E-M1	5/5	+ +	..	84/100	4.5/5	4.5/5	Sep 2013	1,399	ebay.com
11.		Olympus E-P5	5/5	+ +	..	78/100	4.5/5	5/5	May 2013	999	ebay.com
12.		Panasonic GX7	4/5	+	..	79/100	5/5	5/5	Aug 2013	999	ebay.com
13.		Panasonic FZ200	3/5	+ +	..	80/100	4.5/5	4.5/5	Jul 2012	599	ebay.com
14.		Panasonic FZ150	3/5	+ +	..	76/100	4/5	4.5/5	Aug 2011	499	ebay.com
15.		Panasonic FZ100	..	+	..	..	4.5/5	4.5/5	Jul 2010	499	ebay.com
16.		Panasonic LX5	4/5	+	..	73/100	4.5/5	4.5/5	Jul 2010	499	ebay.com
17.		Sony HX400V	4/5	+ +	..	..	4/5	4/5	Feb 2014	499	ebay.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

Care should be taken when interpreting the review scores above, though. The ratings are only valid when referring to cameras in the same category and of the same age. A score, therefore, has to be seen in close connection to the price and market introduction time of the camera, and comparing ratings of very distinct cameras or ones that are far apart in terms of their release date have little meaning. 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

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