Olympus E-5 vs Panasonic GH2

The Olympus E-5 and the Panasonic Lumix DMC-GH2 are two digital cameras that were revealed to the public in September 2010. The E-5 is a DSLR, while the GH2 is a mirrorless interchangeable lens camera. Both cameras are equipped with a Four Thirds sensor. The Olympus has a resolution of 12.2 megapixels, whereas the Panasonic 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

Olympus E-5		Panasonic GH2
Digital single lens reflex		Mirrorless system camera
Four Thirds lenses		Micro Four Thirds lenses
12.2 MP – Four Thirds sensor		15.9 MP – Four Thirds sensor
720/30p Video		1080/60i Video
ISO 100-6,400		ISO 160-12,800
Optical viewfinder		Electronic viewfinder (1534k dots)
3.0" LCD – 920k dots		3.0" LCD – 460k dots
Swivel screen (not touch-sensitive)		Swivel screen (not touch-sensitive)
5 shutter flaps per second		3 shutter flaps per second
In-body stabilization		Lens stabilization only
Weathersealed body		not weather sealed
750 shots per battery charge		330 shots per battery charge
142 x 117 x 75 mm, 873 g		124 x 90 x 76 mm, 442 g

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Going beyond this snapshot of core features and characteristics, what are the differences between the Olympus E-5 and the Panasonic Lumix DMC-GH2? 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 Olympus E-5 and the Panasonic GH2 are illustrated 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 width, height and depth measures are rounded to the nearest millimeter.

The GH2 can be obtained in two different colors (black, silver), while the E-5 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 GH2 is considerably smaller (33 percent) than the Olympus E-5. Moreover, the GH2 is substantially lighter (49 percent) than the E-5. It is worth mentioning in this context that the E-5 is splash and dust resistant, while the GH2 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. Both cameras have similarly sized sensors, but DSLRs have a larger flange-to-focal plane distance than mirrorless cameras, which imposes contraints on the optical engineering process and generally leads to bigger and heavier lenses. You can compare the optics available for the two cameras in the Four Thirds Lens Catalog (E-5) and the Micro Four Thirds Lens Catalog (GH2). Mirrorless cameras, such as the GH2, have moreover the advantage that they can use many lenses from other systems via adapters, as they have a relatively short flange to focal plane distance.

Concerning battery life, the E-5 gets 750 shots out of its Olympus BLM-5 battery, while the GH2 can take 330 images on a single charge of its Panasonic DMW-BLC12 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	Street Price
1.		Olympus E-5	142 mm	117 mm	75 mm	873 g	750	Y	Sep 2010	US$ 1 699	ebay.com
2.		Panasonic GH2	124 mm	90 mm	76 mm	442 g	330	n	Sep 2010	US$ 899	ebay.com
3.		Olympus E-1	141 mm	104 mm	81 mm	738 g	750	Y	Jun 2003	US$ 1 699	ebay.com
4.		Olympus E-3	142 mm	116 mm	75 mm	876 g	750	Y	Oct 2007	US$ 1 699	ebay.com
5.		Olympus E-30	142 mm	108 mm	75 mm	701 g	750	n	Nov 2008	US$ 1 299	ebay.com
6.		Olympus E-510	136 mm	92 mm	68 mm	538 g	750	n	Mar 2007	US$ 799	ebay.com
7.		Olympus E-520	136 mm	92 mm	68 mm	535 g	750	n	May 2008	US$ 699	ebay.com
8.		Olympus E-600	130 mm	94 mm	60 mm	535 g	500	n	Aug 2009	US$ 449	ebay.com
9.		Olympus E-620	130 mm	94 mm	60 mm	521 g	500	n	Feb 2009	US$ 699	ebay.com
10.		Olympus E-P1	121 mm	70 mm	36 mm	355 g	300	n	Jun 2009	US$ 799	ebay.com
11.		Olympus E-P2	121 mm	70 mm	36 mm	355 g	300	n	Nov 2009	US$ 799	ebay.com
12.		Olympus E-PL1	115 mm	72 mm	42 mm	334 g	290	n	Feb 2010	US$ 599	ebay.com
13.		Panasonic GF1	119 mm	71 mm	36 mm	385 g	380	n	Sep 2009	US$ 749	ebay.com
14.		Panasonic GH1	124 mm	90 mm	45 mm	385 g	300	n	Mar 2009	US$ 899	ebay.com
15.		Panasonic GM1	99 mm	55 mm	30 mm	204 g	230	n	Oct 2013	US$ 749	ebay.com
16.		Panasonic GM5	99 mm	60 mm	36 mm	211 g	220	n	Sep 2014	US$ 749	ebay.com
17.		Panasonic GX7	123 mm	71 mm	55 mm	402 g	350	n	Aug 2013	US$ 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 retail prices at the time of the camera’s release place the model in the market relative to other models in the producer’s line-up and the competition. The GH2 was launched at a markedly lower price (by 47 percent) than the E-5, which puts it into a different 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 sensor inside a digital camera is one of the key determinants 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 tend to be more expensive and 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.

While the two cameras under review share the same sensor size, the GH2 offers a higher resolution of 15.9 megapixels, compared with 12.2 MP of the E-5. This megapixels advantage translates into a 14 percent gain in linear resolution. On the other hand, these sensor specs imply that the GH2 has a higher pixel density and a smaller size of the individual pixel (with a pixel pitch of 3.76μm versus 4.29μm for the E-5). It is noteworthy in this context that the two cameras were released in close succession, so that their sensors are from the same technological generation.

The resolution advantage of the Panasonic GH2 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the GH2 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 Olympus E-5 are 20.2 x 15.1 inches or 51.2 x 38.4 cm for good quality, 16.1 x 12.1 inches or 41 x 30.7 cm for very good quality, and 13.4 x 10.1 inches or 34.1 x 25.6 cm for excellent quality prints.

The Olympus E-5 has a native sensitivity range from ISO 100 to ISO 6400. The corresponding ISO settings for the Panasonic Lumix DMC-GH2 are ISO 160 to ISO 12800 (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.

Consistent information on actual sensor performance is available from DXO Mark for many cameras. 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 consideration, the GH2 has a markedly higher DXO score than the E-5 (overall score 4 points higher), which will translate into better image quality. The advantage is based on 0.4 bits lower color depth, 0.8 EV in additional dynamic range, and 0.3 stops in additional low light sensitivity. 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 E-5	Four Thirds	12.2	4032	3024	720/30p	21.6	10.5	519	56
2.		Panasonic GH2	Four Thirds	15.9	4608	3456	1080/60i	21.2	11.3	655	60
3.		Olympus E-1	Four Thirds	4.9	2560	1920	none	20.0	9.7	-145	44
4.		Olympus E-3	Four Thirds	10.0	3648	2736	none	21.6	10.5	571	56
5.		Olympus E-30	Four Thirds	12.2	4032	3024	none	21.3	10.4	530	55
6.		Olympus E-510	Four Thirds	10.0	3648	2736	none	21.2	10.0	442	52
7.		Olympus E-520	Four Thirds	10.0	3648	2736	none	21.4	10.4	548	55
8.		Olympus E-600	Four Thirds	12.2	4032	3024	none	21.5	10.3	541	55
9.		Olympus E-620	Four Thirds	12.2	4032	3024	none	21.3	10.3	536	55
10.		Olympus E-P1	Four Thirds	12.2	4032	3024	720/30p	21.4	10.4	536	55
11.		Olympus E-P2	Four Thirds	12.2	4032	3024	720/30p	21.5	10.4	505	56
12.		Olympus E-PL1	Four Thirds	12.2	4032	3024	720/30p	21.5	10.1	487	54
13.		Panasonic GF1	Four Thirds	12.0	4000	3000	720/30p	21.2	10.3	513	54
14.		Panasonic GH1	Four Thirds	12.0	4000	3000	1080/24p	21.6	11.6	772	64
15.		Panasonic GM1	Four Thirds	15.8	4592	3448	1080/60i	22.3	11.7	660	66
16.		Panasonic GM5	Four Thirds	15.8	4592	3448	1080/60p	22.1	11.7	721	66
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. The two cameras under consideration both have sensors whose read-out speed is fast enough to capture moving pictures, but the GH2 provides a better video resolution than the E-5. It can shoot movie footage at 1080/60i, while the Olympus is limited to 720/30p.

Feature comparison

Beyond body and sensor, cameras can and do differ across a range of features. For example, the GH2 has an electronic viewfinder (1534k dots), while the E-5 has an optical one. Both systems have their advantages, with the electronic viewfinder making it possible to project supplementary shooting information into the framing view, whereas the optical viewfinder offers lag-free viewing and a very clear framing image. The viewfinders of both cameras offer the same field of view (100%), but the viewfinder of the GH2 has a higher magnification than the one of the E-5 (0.71x vs 0.58x), so that the size of the image transmitted appears closer to the size seen with the naked human eye. The following table reports on some other key feature differences and similarities of the Olympus E-5, the Panasonic GH2, 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.		Olympus E-5	optical	Y	3.0 / 920	swivel	n	1/8000s	5.0/s	Y	Y
2.		Panasonic GH2	1534	n	3.0 / 460	swivel	n	1/4000s	3.0/s	Y	n
3.		Olympus E-1	optical	Y	1.8 / 134	fixed	n	1/4000s	3.0/s	n	n
4.		Olympus E-3	optical	Y	2.5 / 230	swivel	n	1/8000s	5.0/s	Y	Y
5.		Olympus E-30	optical	Y	2.7 / 230	swivel	n	1/8000s	5.0/s	Y	Y
6.		Olympus E-510	optical	n	2.5 / 215	fixed	n	1/4000s	3.0/s	Y	Y
7.		Olympus E-520	optical	n	2.7 / 215	fixed	n	1/4000s	3.5/s	Y	Y
8.		Olympus E-600	optical	n	2.7 / 230	swivel	n	1/4000s	4.0/s	Y	Y
9.		Olympus E-620	optical	n	2.7 / 230	swivel	n	1/4000s	4.0/s	Y	Y
10.		Olympus E-P1	none	n	3.0 / 230	fixed	n	1/4000s	3.0/s	n	Y
11.		Olympus E-P2	optional	n	3.0 / 230	fixed	n	1/4000s	3.0/s	n	Y
12.		Olympus E-PL1	optional	n	2.7 / 230	fixed	n	1/2000s	3.0/s	Y	Y
13.		Panasonic GF1	optional	n	3.0 / 460	fixed	n	1/4000s	3.0/s	Y	n
14.		Panasonic GH1	1440	n	3.0 / 460	swivel	n	1/4000s	3.0/s	Y	n
15.		Panasonic GM1	none	n	3.0 / 1036	fixed	Y	1/500s	5.0/s	Y	n
16.		Panasonic GM5	1166	n	3.0 / 921	fixed	Y	1/500s	5.8/s	n	n
17.		Panasonic GX7	2760	n	3.0 / 1040	tilting	Y	1/8000s	5.0/s	Y	Y
Note: *) Information refers to the mechanical shutter, unless the camera only has an electronic one.

One feature that is present on the E-5, but is missing on the GH2 is a top-level LCD. While being, of course, smaller than the rear screen, the control panel conveys some of the essential shooting information and can be convenient for quick and easy settings verification.

The E-5 writes its imaging data to Compact Flash or xD Picture cards, while the GH2 uses SDXC cards. The E-5 features dual card slots, which can be very useful in case a memory card fails. In contrast, the GH2 only has one slot.

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 E-5 and Panasonic Lumix DMC-GH2 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-5	Y	stereo / -	-	-	mini	2.0	-	-	-
2.		Panasonic GH2	Y	stereo / mono	Y	-	mini	2.0	-	-	-
3.		Olympus E-1	Y	- / -	-	-	-	2.0	-	-	-
4.		Olympus E-3	Y	- / -	-	-	-	2.0	-	-	-
5.		Olympus E-30	Y	- / -	-	-	-	2.0	-	-	-
6.		Olympus E-510	Y	- / -	-	-	-	2.0	-	-	-
7.		Olympus E-520	Y	- / -	-	-	-	2.0	-	-	-
8.		Olympus E-600	Y	- / -	-	-	-	2.0	-	-	-
9.		Olympus E-620	Y	- / -	-	-	-	2.0	-	-	-
10.		Olympus E-P1	Y	stereo / -	-	-	mini	2.0	-	-	-
11.		Olympus E-P2	Y	stereo / -	-	-	mini	2.0	-	-	-
12.		Olympus E-PL1	Y	stereo / -	-	-	mini	2.0	-	-	-
13.		Panasonic GF1	Y	mono / mono	-	-	mini	2.0	-	-	-
14.		Panasonic GH1	Y	stereo / -	Y	-	mini	2.0	-	-	-
15.		Panasonic GM1	-	stereo / mono	-	-	micro	2.0	Y	-	-
16.		Panasonic GM5	Y	stereo / mono	-	-	micro	2.0	Y	-	-
17.		Panasonic GX7	Y	stereo / mono	-	-	mini	2.0	Y	Y	-

It is notable that the GH2 has a microphone port, which can help to improve the quality of audio recordings by attaching an external microphone. The E-5 does not feature such a mic input.

Studio photographers will appreciate that the Olympus E-5 (unlike the GH2) features a PC Sync socket, so that professional strobe lights can be controlled by the camera.

Both the E-5 and the GH2 have been discontinued, but can regularly be found used on ebay. The GH2 was replaced by the Panasonic GH3, while the E-5 does not have a direct successor. Further information on the features and operation of the E-5 and GH2 can be found, respectively, in the Olympus E-5 Manual (free pdf) or the online Panasonic GH2 Manual.

Review summary

So what conclusions can be drawn? Which of the two cameras – the Olympus E-5 or the Panasonic GH2 – has the upper hand? Is one clearly better than the other? Below is a summary of the relative strengths of each of the two contestants.

Reasons to prefer the Olympus E-5:

• Brighter framing: Features an optical viewfinder for clear, lag-free composition.
• Easier setting verification: Features an LCD display on top to control shooting parameters.
• More detailed LCD: Has a higher resolution rear screen (920k vs 460k dots).
• Faster shutter: Has higher mechanical shutter speed (1/8000s vs 1/4000s) to freeze action.
• Faster burst: Shoots at higher frequency (5 vs 3 flaps/sec) to capture the decisive moment.
• Longer lasting: Can take more shots (750 versus 330) on a single battery charge.
• Better sealing: Is weather sealed to enable shooting in dusty or wet environments.
• Sharper images: Has hand-shake reducing image stabilization built-in.
• 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.

Arguments in favor of the Panasonic Lumix DMC-GH2:

• More detail: Has more megapixels (15.9 vs 12.2MP), which boosts linear resolution by 14%.
• Better image quality: Scores markedly higher (4 points) in the DXO overall evaluation.
• More dynamic range: Captures a broader range of light and dark details (0.8 EV of extra DR).
• Better low-light sensitivity: Can shoot in dim conditions (0.3 stops ISO advantage).
• Better video: Provides higher definition movie capture (1080/60i vs 720/30p).
• Better sound: Can connect to an external microphone for higher quality sound recording.
• More framing info: Has an electronic viewfinder that displays shooting data.
• Larger viewfinder image: Features a viewfinder with a higher magnification (0.71x vs 0.58x).
• More compact: Is smaller (124x90mm vs 142x117mm) and will fit more readily into a bag.
• Less heavy: Has a lower weight (by 431g or 49 percent) and is thus easier to take along.
• More legacy lens friendly: Can use many non-native lenses via adapters.
• More affordable: Was introduced into a lower priced category (47 percent cheaper at launch).

If the number of relative strengths (bullet points above) is taken as a guide, the GH2 emerges as the winner of the match-up (12 : 10 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 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-5 and the Panasonic GH2 place the cameras among the top in their class? Find out in the latest Best DSLR Camera and Best Mirrorless Interchangeable Lens Camera listings whether the two cameras rank among the cream of the crop.

In any case, while the specs-based evaluation of cameras can be instructive in revealing their potential as photographic tools, it remains partial and cannot reveal, for example, the shooting experience and imaging performance when actually working with the E-5 or the GH2. 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 expert reviews 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.		Olympus E-5	4/5	..	..	75/100	4/5	4.5/5	Sep 2010	US$ 1 699	ebay.com
2.		Panasonic GH2	5/5	+ +	..	79/100	4.5/5	5/5	Sep 2010	US$ 899	ebay.com
3.		Olympus E-1	..	..	..	+	o	..	Jun 2003	US$ 1 699	ebay.com
4.		Olympus E-3	..	88/100	..	+ +	o	4/5	Oct 2007	US$ 1 699	ebay.com
5.		Olympus E-30	..	..	..	71/100	4.5/5	4/5	Nov 2008	US$ 1 299	ebay.com
6.		Olympus E-510	..	89/100	..	+ +	3.5/5	4.5/5	Mar 2007	US$ 799	ebay.com
7.		Olympus E-520	..	87/100	..	+ +	4.5/5	4.5/5	May 2008	US$ 699	ebay.com
8.		Olympus E-600	..	..	..	..	..	4.5/5	Aug 2009	US$ 449	ebay.com
9.		Olympus E-620	3/5	88/100	..	72/100	4.5/5	5/5	Feb 2009	US$ 699	ebay.com
10.		Olympus E-P1	..	+	..	66/100	4/5	4.5/5	Jun 2009	US$ 799	ebay.com
11.		Olympus E-P2	3/5	+	..	69/100	4/5	4.5/5	Nov 2009	US$ 799	ebay.com
12.		Olympus E-PL1	..	86/100	..	69/100	4/5	4.5/5	Feb 2010	US$ 599	ebay.com
13.		Panasonic GF1	..	85/100	..	69/100	4.5/5	4.5/5	Sep 2009	US$ 749	ebay.com
14.		Panasonic GH1	..	+ +	..	72/100	4.5/5	4.5/5	Mar 2009	US$ 899	ebay.com
15.		Panasonic GM1	3/5	+	..	78/100	5/5	4.5/5	Oct 2013	US$ 749	ebay.com
16.		Panasonic GM5	3.5/5	+	..	77/100	5/5	4.5/5	Sep 2014	US$ 749	ebay.com
17.		Panasonic GX7	4/5	+	..	79/100	5/5	5/5	Aug 2013	US$ 999	ebay.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

Care should be taken when interpreting the review scores above, 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 comparisons of ratings among very different cameras or across long time periods have little meaning. 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

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