• 4/3 224.9mm2
  • 16.1 megapixels
  • ISO 200 - 25,600
  • 1/2.3 inch 28.1mm2
  • 18.1 megapixels
  • 24.00mm - 720.00mm (35mm eq.)

Buy From

Differences

Olympus E-P5 advantages over Panasonic ZS40

  • Larger sensor
    4/3 vs 1/2.3 inch
    More sensor area. Bigger is (generally) better.
  • Bigger pixels
    ~ 3.75 vs 1.26 microns
    Better low-light and dynamic range (all else equal)
  • Touchscreen
    Touch vs No touch
    Interact with your camera just like your smartphone
  • Tiltable Screen
    Tiltable vs Fixed
    Tilt the screen for shooting flexbility
  • Better color depth
    22.8 vs 19.0 bits
    Capture richer, more accurate colors
  • Higher effective ISO
    895 vs 117 iso
    Take photos in low light with less noise
  • More dynamic range
    12.4 vs 10.6 evs
    Retain detail in highlight and shadows
  • Hot shoe
    Hot shoe vs None
    Off-camera flashes open new possibilities
  • Longer exposure
    60 vs 30 sec
    Long exposures for night shots
  • Bulb shutter
    Bulb vs No bulb
    Hold the shutter open manually for long exposures
  • Bigger JPEG buffer
    16 vs 6 shots
    Take more JPEG shots before waiting (burst mode)
  • Faster shutter
    1/8000 vs 1/2000 sec
    Shoot wide open in bright light
  • Higher extended ISO
    25600 vs 6400 ISO
    Higher extended ISO can give more low-light flexibility

Panasonic ZS40 advantages over Olympus E-P5

  • Less expensive
    $450 vs $1450 (MSRP)
    Save money for lenses or accessories
  • Eye-level viewfinder
    Eye-level vs Rear display only
    You'll be able to frame photos even when the sun is out
  • In-camera panoramas
    Yes vs No
    Stitches multiple shots into a panoramic photo
  • Built-in GPS
    GPS vs None
    Geotag your photos
  • Shoots 60p video
    Yes vs No
    A faster framerate can give you more editing options
  • Slow-motion videos
    Yes vs No
    Shoot slow-motion videos

Similarities

Common Strengths

  • Rear display
    Both provide
    Review photos on the back of the camera
  • Focus peaking
    Both provide
    Your camera will highlight what's in focus
  • In-Camera Image Stabilization
    Both provide
    Reduces the effects of camera shake at slower shutter speeds
  • RAW file ability
    Both provide
    Gives you more flexibility to develop your photos later
  • Built-in Wi-Fi
    Both provide
    Share your photos wirelessly
  • Internal flash
    Both provide
    Useful in a pinch for fill flash
  • Manual focus
    Both provide
    AF is for the weak. Real photographers focus manually.
  • HDMI out
    Both provide
    Use HDMI output to monitor or review video

Common Weaknesses

  • Tilt-swivel screen
    Neither provide
    Tilt and swivel the screen for maximum shooting flexibility
  • Built-in Bluetooth
    Neither provide
    Always-on wireless connectivity
  • On-sensor phase detect
    Neither provide
    Usually improves live view and video AF performance
  • Integrated ND filter
    Neither provide
    Shoot in daylight with a large aperture or slow shutter
  • External Mic Jack
    Neither provide
    Improved sound fidelity when shooting video
  • Dual card slots
    Neither provide
    Gives you more storage flexibility
  • Headphone jack
    Neither provide
    Monitor audio recording while you shoot video

User reviews

Buy From

Review Excerpt

  • Handsome retro styling; Very good image quality and dynamic range, with competitive high ISO performance; Lightning fast autofocusing; Excellent burst speeds (nearly 10fps at full res); Top shutter speed of 1/8000 second; Sharp, bright 17mm f/1.8 kit lens; 3-inch tilting touchscreen LCD with 1.04M dots of resolution.

  • Heavier than some mirrorless models; Weak flash; Below average battery life; No built-in viewfinder (but EVF available in a kit or for separate purchase); A bit pricey compared to the similar E-M5, which offers a built-in EVF and weather sealing at about the same price.

The Competition

Compared to Olympus E-P3

Olympus E-P5
Olympus E-P3
  • $1249
  • 4/3
  • Focus peaking
  • Touchscreen
  • $561
  • 4/3
  • Less expensive
  • More telephoto lens reach
Panasonic ZS40
Olympus E-P3
  • $380
  • 1/2.3 inch
  • Less expensive
  • Focus peaking
  • $561
  • 4/3
  • Larger sensor
  • Bigger pixels

Compared to Olympus E-M5

Olympus E-P5
Olympus E-M5
  • $1249
  • 4/3
  • Focus peaking
  • Built-in Wi-Fi
  • $900
  • 4/3
  • Eye-level viewfinder
  • More telephoto lens reach
Panasonic ZS40
Olympus E-M5
  • $380
  • 1/2.3 inch
  • Focus peaking
  • In-camera panoramas
  • $900
  • 4/3
  • Larger sensor
  • Bigger pixels

Compared to Panasonic GX7

Olympus E-P5
Panasonic GX7
  • $1249
  • 4/3
  • Higher effective ISO
  • Thinner
  • $648
  • 4/3
  • Less expensive
  • Eye-level viewfinder
Panasonic ZS40
Panasonic GX7
  • $380
  • 1/2.3 inch
  • Less expensive
  • Built-in GPS
  • $648
  • 4/3
  • Larger sensor
  • Bigger pixels

Compared to Canon SX700 HS

Olympus E-P5
Canon SX700 HS
  • $1249
  • 4/3
  • Focus peaking
  • Larger sensor
  • $329
  • 1/2.3 inch
  • Less expensive
  • NFC
Panasonic ZS40
Canon SX700 HS
  • $380
  • 1/2.3 inch
  • Focus peaking
  • Eye-level viewfinder
  • $329
  • 1/2.3 inch
  • Less expensive
  • Faster shutter

Compared to Panasonic ZS60

Olympus E-P5
Panasonic ZS60
  • $1249
  • 4/3
  • Larger sensor
  • Bigger pixels
  • $448
  • 1/2.3 inch
  • Eye-level viewfinder
  • Shoot 4K video
Panasonic ZS40
Panasonic ZS60
  • $380
  • 1/2.3 inch
  • Built-in GPS
  • $448
  • 1/2.3 inch
  • Shoot 4K video
  • Touchscreen
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