Canon M5 vs Panasonic FZ300

The Canon EOS M5 and the Panasonic Lumix DMC-FZ300 (labelled Panasonic FZ330 in some countries) are two digital cameras that were revealed to the public, respectively, in September 2016 and July 2015. The M5 is a mirrorless interchangeable lens camera, while the FZ300 is a fixed lens compact. The cameras are based on an APS-C (M5) and a 1/2.3-inch (FZ300) sensor. The Canon has a resolution of 24 megapixels, whereas the Panasonic provides 12 MP.

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

Headline Specifications

Canon M5		Panasonic FZ300
Mirrorless system camera		Fixed lens compact camera
Canon EF-M mount lenses		25-600mm f/2.8
24 MP – APS-C sensor		12 MP – 1/2.3" sensor
1080/60p Video		4K/30p Video
ISO 100-25,600		ISO 100-6,400
Electronic viewfinder (2360k dots)		Electronic viewfinder (1440k dots)
3.2" LCD – 1620k dots		3.0" LCD – 1040k dots
Tilting touchscreen		Swivel touchscreen
9 shutter flaps per second		12 shutter flaps per second
not weather sealed		Weathersealed body
295 shots per battery charge		380 shots per battery charge
116 x 89 x 61 mm, 427 g		132 x 92 x 117 mm, 691 g

Check M5 offers at
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Check FZ300 price at
amazon.com

Going beyond this snapshot of core features and characteristics, what are the differences between the Canon EOS M5 and the Panasonic Lumix DMC-FZ300? 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 physical size and weight of the Canon M5 and the Panasonic FZ300 are illustrated in the side-by-side display below. 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.

If the front view area (width x height) of the cameras is taken as an aggregate measure of their size, the Panasonic FZ300 is notably larger (18 percent) than the Canon M5. It is noteworthy in this context that the FZ300 is splash and dust-proof, while the M5 does not feature any corresponding weather-sealing.

The above size and weight comparisons are to some extent incomplete and possibly misleading, as the FZ300 has a lens built in, whereas the M5 is an interchangeable lens camera that requires a separate lens. Attaching the latter will add extra weight and bulk to the setup.

Concerning battery life, the M5 gets 295 shots out of its Canon LP-E17 battery, while the FZ300 can take 380 images on a single charge of its Panasonic DMW-BLC12 power pack.

The table below summarizes the key physical specs of the two cameras alongside a broader set of comparators. In case you want to display and compare another camera duo, you can use the CAM-parator app to select your camera combination among a large number of options.

Body Specifications

		Camera Model	Camera Width	Camera Height	Camera Depth	Camera Weight	Battery Life	Weather Sealing	Camera Launch	Launch Price	Street Price
1.		Canon M5	116 mm	89 mm	61 mm	427 g	295	n	Sep 2016	US$ 979	ebay.com
2.		Panasonic FZ300	132 mm	92 mm	117 mm	691 g	380	Y	Jul 2015	US$ 599	amazon.com
3.		Canon 77D	131 mm	100 mm	76 mm	540 g	600	n	Feb 2017	US$ 899	ebay.com
4.		Canon M3	111 mm	68 mm	44 mm	366 g	250	n	Feb 2015	US$ 679	ebay.com
5.		Canon M6	112 mm	68 mm	45 mm	390 g	295	n	Feb 2017	US$ 779	ebay.com
6.		Canon M10	108 mm	67 mm	35 mm	301 g	255	n	Oct 2015	US$ 499	ebay.com
7.		Canon M50	116 mm	88 mm	59 mm	390 g	235	n	Feb 2018	US$ 779	ebay.com
8.		Canon M100	108 mm	67 mm	35 mm	302 g	295	n	Aug 2017	US$ 499	ebay.com
9.		Canon SL2	122 mm	93 mm	70 mm	453 g	650	n	Jun 2017	US$ 549	ebay.com
10.		Canon SX60	128 mm	93 mm	114 mm	650 g	340	n	Sep 2014	US$ 549	ebay.com
11.		Canon T6i	132 mm	101 mm	78 mm	555 g	440	n	Feb 2015	US$ 749	ebay.com
12.		Canon T6s	132 mm	101 mm	78 mm	565 g	440	n	Feb 2015	US$ 649	ebay.com
13.		Nikon D5500	124 mm	97 mm	70 mm	470 g	820	n	Jan 2015	US$ 899	ebay.com
14.		Panasonic FZ100	124 mm	82 mm	92 mm	540 g	410	n	Jul 2010	US$ 499	ebay.com
15.		Panasonic FZ150	124 mm	82 mm	92 mm	528 g	410	n	Aug 2011	US$ 499	ebay.com
16.		Panasonic FZ200	125 mm	87 mm	110 mm	588 g	540	n	Jul 2012	US$ 599	ebay.com
17.		Sony HX400V	130 mm	93 mm	103 mm	660 g	300	n	Feb 2014	US$ 499	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

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 FZ300 was launched at a lower price than the 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. 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.

Of the two cameras under consideration, the Canon M5 features an APS-C sensor and the Panasonic FZ300 a 1/2.3-inch sensor. The sensor area in the FZ300 is 92 percent smaller. As a result of these sensor size differences, the cameras have a format factor of, respectively, 1.6 and 5.6. The sensor in the M5 has a native 3:2 aspect ratio, while the one in the FZ300 offers a 4:3 aspect.

With 24MP, the M5 offers a higher resolution than the FZ300 (12MP), but the M5 nevertheless has larger individual pixels (pixel pitch of 3.72μm versus 1.53μm for the FZ300) due to its larger sensor. Moreover, the M5 is a somewhat more recent model (by 1 year and 2 months) than the FZ300, and its sensor might have benefitted from technological advances during this time that further enhance the light gathering capacity of its pixels. 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 Canon M5 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the M5 for good quality output (200 dots per inch) amounts to 30 x 20 inches or 76.2 x 50.8 cm, for very good quality (250 dpi) 24 x 16 inches or 61 x 40.6 cm, and for excellent quality (300 dpi) 20 x 13.3 inches or 50.8 x 33.9 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 M5 has on-sensor phase detect pixels, which results in fast and reliable autofocus acquisition even during live view operation.

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

In terms of underlying technology, the M5 is build around a CMOS sensor, while the FZ300 uses a BSI-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.

Since 2007, DXO Mark has published sensor performance measurements that have been derived using a consistent methodology. This service assesses and scores the color depth ("DXO Portrait"), dynamic range ("DXO Landscape"), and low-light sensitivity ("DXO Sports") of camera sensors, and also publishes an overall camera score. Of the two cameras under review, the M5 provides substantially higher image quality than the FZ300, with an overall score that is 39 points higher. This advantage is based on 4.1 bits higher color depth, 1.4 EV in additional dynamic range, and 3.7 stops in additional low light sensitivity. 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.		Canon M5	APS-C	24.0	6000	4000	1080/60p	23.4	12.4	1262	77
2.		Panasonic FZ300	1/2.3	12.0	4000	3000	4K/30p	19.3	11.0	97	38
3.		Canon 77D	APS-C	24.0	6000	4000	1080/60p	23.6	13.3	971	78
4.		Canon M3	APS-C	24.0	6000	4000	1080/30p	22.8	11.8	1169	72
5.		Canon M6	APS-C	24.0	6000	4000	1080/60p	23.4	12.6	1317	78
6.		Canon M10	APS-C	17.9	5184	3456	1080/30p	22.2	11.4	753	65
7.		Canon M50	APS-C	24.0	6000	4000	4K/24p	23.8	13.3	1684	81
8.		Canon M100	APS-C	24.0	6000	4000	1080/60p	23.5	12.9	1272	78
9.		Canon SL2	APS-C	24.0	6000	4000	1080/60p	23.6	13.4	1041	79
10.		Canon SX60	1/2.3	14.2	4608	3072	1080/60p	19.2	10.8	127	39
11.		Canon T6i	APS-C	24.0	6000	4000	1080/30p	22.7	12.0	919	71
12.		Canon T6s	APS-C	24.0	6000	4000	1080/30p	22.6	12.0	915	70
13.		Nikon D5500	APS-C	24.0	6000	4000	1080/60p	24.1	14.0	1438	84
14.		Panasonic FZ100	1/2.3	14.0	4320	3240	1080/60i	19.4	10.7	306	39
15.		Panasonic FZ150	1/2.3	12.0	4000	3000	1080/60p	19.4	10.9	132	40
16.		Panasonic FZ200	1/2.3	12.0	4000	3000	1080/60p	19.1	10.8	114	37
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 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 FZ300 provides a better video resolution than the M5. It can shoot movie footage at 4K/30p, while the Canon is limited to 1080/60p.

Feature comparison

Apart from body and sensor, cameras can and do differ across a variety of features. The two cameras under consideration are similar with respect to both having an electronic viewfinder. However, the one in the M5 offers a substantially higher resolution than the one in the FZ300 (2360k vs 1440k dots). The following table reports on some other key feature differences and similarities of the Canon M5, the Panasonic FZ300, and comparable 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.		Canon M5	2360	n	3.2 / 1620	tilting	Y	1/4000s	9.0/s	Y	n
2.		Panasonic FZ300	1440	n	3.0 / 1040	swivel	Y	1/4000s	12.0/s	Y	Y
3.		Canon 77D	optical	Y	3.0 / 1040	swivel	Y	1/4000s	6.0/s	Y	n
4.		Canon M3	optional	n	3.0 / 1040	tilting	Y	1/4000s	4.2/s	Y	n
5.		Canon M6	optional	n	3.0 / 1040	tilting	Y	1/4000s	9.0/s	Y	n
6.		Canon M10	none	n	3.0 / 1040	tilting	Y	1/4000s	4.6/s	Y	n
7.		Canon M50	2360	n	3.0 / 1040	swivel	Y	1/4000s	10.0/s	Y	n
8.		Canon M100	none	n	3.0 / 1040	tilting	Y	1/4000s	6.1/s	Y	n
9.		Canon SL2	optical	n	3.0 / 1040	swivel	Y	1/4000s	5.0/s	Y	n
10.		Canon SX60	922	n	3.0 / 922	swivel	n	1/2000s	6.4/s	Y	Y
11.		Canon T6i	optical	n	3.0 / 1040	swivel	Y	1/4000s	5.0/s	Y	n
12.		Canon T6s	optical	Y	3.0 / 1040	swivel	Y	1/4000s	5.0/s	Y	n
13.		Nikon D5500	optical	n	3.2 / 1037	swivel	Y	1/4000s	5.0/s	Y	n
14.		Panasonic FZ100	202	n	3.0 / 460	swivel	n	1/2000s	11.0/s	Y	Y
15.		Panasonic FZ150	202	n	3.0 / 460	swivel	n	1/2000s	12.0/s	Y	Y
16.		Panasonic FZ200	1312	n	3.0 / 460	swivel	n	1/4000s	12.0/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.

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 M5 and the FZ300 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 Canon EOS M5 and Panasonic Lumix DMC-FZ300 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.		Canon M5	Y	stereo / mono	Y	-	mini	2.0	Y	Y	Y
2.		Panasonic FZ300	Y	stereo / mono	Y	-	mini	2.0	Y	-	-
3.		Canon 77D	Y	stereo / mono	Y	-	mini	2.0	Y	Y	Y
4.		Canon M3	Y	stereo / mono	Y	-	mini	2.0	Y	Y	-
5.		Canon M6	Y	stereo / mono	Y	-	mini	2.0	Y	Y	Y
6.		Canon M10	-	stereo / mono	-	-	mini	2.0	Y	Y	-
7.		Canon M50	Y	stereo / mono	Y	-	micro	2.0	Y	-	Y
8.		Canon M100	-	stereo / mono	-	-	micro	2.0	Y	Y	Y
9.		Canon SL2	Y	stereo / mono	Y	-	mini	2.0	Y	Y	Y
10.		Canon SX60	Y	stereo / mono	Y	-	mini	2.0	Y	Y	-
11.		Canon T6i	Y	stereo / mono	Y	-	mini	2.0	Y	Y	-
12.		Canon T6s	Y	stereo / mono	Y	-	mini	2.0	Y	Y	-
13.		Nikon D5500	Y	stereo / mono	Y	-	mini	2.0	Y	-	-
14.		Panasonic FZ100	Y	stereo / mono	-	-	mini	2.0	-	-	-
15.		Panasonic FZ150	Y	stereo / -	-	-	mini	2.0	-	-	-
16.		Panasonic FZ200	Y	stereo / mono	Y	-	mini	2.0	-	-	-
17.		Sony HX400V	Y	stereo / mono	-	-	micro	2.0	Y	Y	-

The FZ300 is a recent model that features in the current product line-up of Panasonic. In contrast, the M5 has been discontinued (but can be found pre-owned on ebay). There has not been a direct replacement model for the M5 from Canon. Further information on the features and operation of the M5 and FZ300 can be found, respectively, in the Canon M5 Manual (free pdf) or the online Panasonic FZ300 Manual.

Review summary

So how do things add up? Is the Canon M5 better than the Panasonic FZ300 or vice versa? Below is a summary of the relative strengths of each of the two contestants.

Arguments in favor of the Canon EOS M5:

• More detail: Offers more megapixels (24 vs 12MP) with a 44% higher linear resolution.
• Better moiré control: Has an anti-alias filter to avoid artificial patterns to appear in images.
• Better image quality: Scores substantially higher (39 points) in the DXO overall assessment.
• Richer colors: Generates images with noticeably better colors (4.1 bits more color depth).
• More dynamic range: Captures a larger spectrum of light and dark details (1.4 EV of extra DR).
• Better low-light sensitivity: Requires less light for good images (3.7 stops ISO advantage).
• Better live-view autofocus: Features on-sensor phase-detection for more confident autofocus.
• More detailed viewfinder: Has higher resolution electronic viewfinder (2360k vs 1440k dots).
• 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 1040k dots).
• More flexible: Accepts interchangeable lenses, so that lens characteristics can be altered.
• More compact: Is smaller (116x89mm vs 132x92mm) and thus needs less room in the bag.
• Easier device pairing: Supports NFC for fast wireless image transfer over short distances.
• Easier wireless transfer: Supports Bluetooth for image sharing without cables.
• More modern: Is somewhat more recent (announced 1 year and 2 months after the FZ300).

Reasons to prefer 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 1080/60p).
• More flexible LCD: Has a swivel screen for odd-angle shots in portrait or landscape orientation.
• 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 an integrated lens, whereas the M5 necessitates an extra lens.
• Longer lasting: Gets more shots (380 versus 295) out of a single battery charge.
• Better sealing: Is splash and dust sealed for shooting in inclement weather conditions.
• Sharper images: Has stabilization technology built-in to reduce the impact of hand-shake.
• More affordable: Was introduced at a lower price, despite coming with a built-in lens.
• More heavily discounted: Has been on the market for longer (launched in July 2015).

If the count of relative strengths (bullet points above) is taken as a measure, the M5 emerges as the winner of the contest (15 : 12 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 Canon M5 and the Panasonic FZ300 place the cameras among the top in their class? Find out in the latest Best Mirrorless Interchangeable Lens Camera and Best Superzoom Camera listings 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 says little about, for example, the shooting experience and imaging performance of the M5 and the FZ300 in practical situations. User reviews, such as those found at amazon, can sometimes inform about these issues, but such feedback is often incomplete, inconsistent, and biased.

Expert reviews

This is why hands-on reviews by experts are important. The table below provides a synthesis of the camera assessments of some of the best known photo-gear 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	Street Price
1.		Canon M5	4/5	+	4/5	82/100	4/5	4/5	Sep 2016	US$ 979	ebay.com
2.		Panasonic FZ300	..	+ +	..	..	4.5/5	4.5/5	Jul 2015	US$ 599	amazon.com
3.		Canon 77D	4.5/5	..	4/5	82/100	4.5/5	4/5	Feb 2017	US$ 899	ebay.com
4.		Canon M3	4/5	o	..	75/100	4.5/5	4/5	Feb 2015	US$ 679	ebay.com
5.		Canon M6	..	..	..	80/100	4/5	4/5	Feb 2017	US$ 779	ebay.com
6.		Canon M10	..	..	..	..	..	4/5	Oct 2015	US$ 499	ebay.com
7.		Canon M50	..	+	4/5	79/100	..	3.5/5	Feb 2018	US$ 779	ebay.com
8.		Canon M100	3/5	+	..	..	4/5	3.5/5	Aug 2017	US$ 499	ebay.com
9.		Canon SL2	4/5	+ +	4/5	78/100	4.5/5	4.5/5	Jun 2017	US$ 549	ebay.com
10.		Canon SX60	3/5	+ +	..	75/100	4/5	4.5/5	Sep 2014	US$ 549	ebay.com
11.		Canon T6i	5/5	..	..	75/100	4.5/5	4.5/5	Feb 2015	US$ 749	ebay.com
12.		Canon T6s	5/5	+	..	77/100	4.5/5	4.5/5	Feb 2015	US$ 649	ebay.com
13.		Nikon D5500	5/5	+	..	79/100	4.5/5	4.5/5	Jan 2015	US$ 899	ebay.com
14.		Panasonic FZ100	..	+	..	..	4.5/5	4.5/5	Jul 2010	US$ 499	ebay.com
15.		Panasonic FZ150	3/5	+ +	..	76/100	4/5	4.5/5	Aug 2011	US$ 499	ebay.com
16.		Panasonic FZ200	3/5	+ +	..	80/100	4.5/5	4.5/5	Jul 2012	US$ 599	ebay.com
17.		Sony HX400V	4/5	+ +	..	..	4/5	4/5	Feb 2014	US$ 499	ebay.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

The review scores listed above should be treated 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. A score, therefore, has to be seen in close connection to the price and market introduction time of the camera, 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? In case you would like to check on the differences and similarities of other camera models, just make your choice using the following search menu. There is also a set of direct links to comparison reviews that other users of the CAM-parator app explored.

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