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Panasonic

LUMIX S PRO 70-200mm F2.8 O.I.S.

Leica L Mount

LUMIX S PRO 70-200mm F2.8 O.I.S. — 70–200mm f/2.8 for Leica L, a popular choice in the panasonic lineup.

$2,599

Launch price

Released Sep 2019

vs

Panasonic

LUMIX S 70-300mm F4.5-5.6 Macro O.I.S.

Leica L Mount

LUMIX S 70-300mm F4.5-5.6 Macro O.I.S. — 70–300mm f/4.5-5.6 for Leica L, a popular choice in the panasonic lineup.

$1,249

Launch price

Released Apr 2021

LUMIX S 70-300mm F4.5-5.6 Macro O.I.S. is 1.6 years newer.

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Wins

2categories

LUMIX S PRO 70-200mm F2.8 O.I.S.

Sports & ActionVideo & Hybrid

Wins

4categories

LUMIX S 70-300mm F4.5-5.6 Macro O.I.S.

Macro & Close-upWildlife

2 categories tied

TL;DR — Key differences

LUMIX S PRO 70-200mm F2.8 O.I.S. wins 2 categories·LUMIX S 70-300mm F4.5-5.6 Macro O.I.S. wins 3 categories
  • BLUMIX S 70-300mm F4.5-5.6 Macro O.I.S. has higher Max magnification (1 × vs 0.25 ×)
  • ALUMIX S PRO 70-200mm F2.8 O.I.S. has lower Max aperture (Tele) (f/2.8 vs f/5.6)
  • BLUMIX S 70-300mm F4.5-5.6 Macro O.I.S. has lower Weight (790 g vs 1345 g)
  • ALUMIX S PRO 70-200mm F2.8 O.I.S. has lower Max aperture (Wide) (f/2.8 vs f/4.5)
  • BLUMIX S 70-300mm F4.5-5.6 Macro O.I.S. has lower Length (161 mm vs 238 mm)

Key specs at a glance

LUMIX S PRO 70-200mm F2.8 O.I.S.LUMIX S 70-300mm F4.5-5.6 Macro O.I.S.
Focal Length70-200 mm70-300 mm
Max Aperturef/2.8f/4.5-5.6
MountLeica LLeica L
CoverageFull FrameFull Frame
Stabilization5 stops5 stops
Weight1345 g790 g
Min Focus38 cm28 cm
Filter Size77 mm77 mm

Use-case scoring

Which one for what?

Algorithmic scores from verified specs · 10 = best in class

Use caseLUMIX S PRO 70-200mm F2.8 O.I.S.LUMIX S 70-300mm F4.5-5.6 Macro O.I.S.
Portrait
7.5Good
5.5Fair
Sports & Action
9.5Excellent
6.5Good
Video & Hybrid
9.0Excellent
7.0Good
Landscape
3.0Limited
3.0Limited
Travel
4.0Fair
5.0Fair
Wildlife
5.5Fair
8.5Excellent
Macro & Close-up
3.5Limited
9.0Excellent

Why pick one over the other

Reasons to choose the LUMIX S PRO 70-200mm F2.8 O.I.S.

  • Max aperture (Tele)

    f/2.8 vs f/5.6 — lower is better

  • Max aperture (Wide)

    f/2.8 vs f/4.5 — lower is better

Reasons to choose the LUMIX S 70-300mm F4.5-5.6 Macro O.I.S.

  • Max magnification

    1 × vs 0.25 × — higher is better

  • Weight

    790 g vs 1345 g — lower is better

  • Length

    161 mm vs 238 mm — lower is better

  • Min focus distance

    28 cm vs 38 cm — lower is better

Shared specifications

Internal focus

Both support internal focus

Optical stabilization

Both support optical stabilization

OIS effectiveness

Both 5 stops

Diameter

Both 81 mm

Weather sealing

Both support weather sealing

Control ring

Both support control ring

Pros & cons at a glance

Editorially curated highlights and trade-offs.

LUMIX S PRO 70-200mm F2.8 O.I.S.

Pros

  • Versatile zoom range covers multiple focal lengths in one lens
  • Built-in optical image stabilization
  • Weather-sealed construction for outdoor shooting

Cons

  • Premium price point
  • Relatively heavy for extended handheld use

LUMIX S 70-300mm F4.5-5.6 Macro O.I.S.

Pros

  • Built-in optical image stabilization
  • Weather-sealed construction for outdoor shooting
  • Native Leica L mount compatibility

Cons

  • Slower maximum aperture limits low-light performance
  • Third-party or older alternatives may offer better value

Decided which one is right for you?

Compare live prices for the LUMIX S PRO 70-200mm F2.8 O.I.S. and LUMIX S 70-300mm F4.5-5.6 Macro O.I.S. at major authorized retailers.

Panasonic LUMIX S PRO 70-200mm F2.8 O.I.S.

Panasonic LUMIX S 70-300mm F4.5-5.6 Macro O.I.S.

Affiliate disclosure: As an Amazon Associate, Cameraegg earns from qualifying purchases. Cameraegg may also earn commission from B&H links, at no extra cost to you.

Full specifications

= category winner

LUMIX S PRO 70-200mm F2.8 O.I.S.
LUMIX S 70-300mm F4.5-5.6 Macro O.I.S.
Focal length (Min)
70 mm
70 mm
Focal length (Max)
200 mm
300 mm
Max aperture (Wide)
f/2.8+1.4 stops wider
f/4.5
Max aperture (Tele)
f/2.8+2 stops wider
f/5.6
Elements
23
23
Groups
17
17
Special elements
Aspherical
Aspherical
LUMIX S PRO 70-200mm F2.8 O.I.S.
LUMIX S 70-300mm F4.5-5.6 Macro O.I.S.
Min focus distance
38 cm
28 cm−10 cm less
Max magnification
0.25 ×
1 ×4× more
Autofocus motor
Linear / Stepping Motor
Linear / Stepping Motor
Internal focus
Yes
Yes
LUMIX S PRO 70-200mm F2.8 O.I.S.
LUMIX S 70-300mm F4.5-5.6 Macro O.I.S.
Optical stabilization
Yes
Yes
OIS effectiveness
5 stops
5 stops
LUMIX S PRO 70-200mm F2.8 O.I.S.
LUMIX S 70-300mm F4.5-5.6 Macro O.I.S.
Weight
1345 g
790 g−555 g less
Length
238 mm
161 mm−77 mm less
Diameter
81 mm
81 mm
Filter thread size
77 mm
77 mm
Weather sealing
Yes
Yes
Diaphragm blades
9
9
LUMIX S PRO 70-200mm F2.8 O.I.S.
LUMIX S 70-300mm F4.5-5.6 Macro O.I.S.
Lens mount
Leica L
Leica L
Format coverage
Full Frame
Full Frame

Specs sourced from manufacturer data. Use-case scores algorithmically derived. Last reviewed May 2026.