Panasonic LUMIX S PRO 70-200mm F2.8 O.I.S. vs Sigma 500mm f/5.6 DG DN OS Sports (L-mount)

The bottom line

These cover different focal lengths — the Panasonic LUMIX S PRO 70-200mm F2.8 O.I.S. is 70-200mm, the Sigma 500mm f/5.6 DG DN OS Sports (L-mount) is 500mm — so they're not really substitutes. Pick by the field of view you actually need: the Panasonic LUMIX S PRO 70-200mm F2.8 O.I.S. for telephoto, the Sigma 500mm f/5.6 DG DN OS Sports (L-mount) for super-telephoto.

Choose the Panasonic LUMIX S PRO 70-200mm F2.8 O.I.S. if…

  • You want more light and background blur — f/2.8 is faster than f/5.6, better for low light and subject separation.
  • You shoot wide — it starts at 70mm vs 500mm for landscapes, interiors and architecture.
  • You want one-lens flexibility — a 70-200mm zoom covers what the fixed 500mm can't reframe.
  • You like close-focus work — 0.21x magnification vs 0.15x.

Choose the Sigma 500mm f/5.6 DG DN OS Sports (L-mount) if…

  • You need more reach — it goes to 500mm vs 200mm for distant subjects, wildlife and sport.
  • You're on a budget — $2,199 vs $2,999 leaves more for other gear.
  • You prefer a fast, compact single focal length — a 500mm prime over a zoom.
  • You value portability — at 1130g (2.49 lb) it's lighter than the 1490g (3.28 lb) alternative for travel and all-day carry.

Where they differ

  • Aperture: the Panasonic LUMIX S PRO 70-200mm F2.8 O.I.S. opens to f/2.8 vs the Sigma 500mm f/5.6 DG DN OS Sports (L-mount)'s f/5.6 — more light and shallower depth-of-field.
  • Focal range: Panasonic LUMIX S PRO 70-200mm F2.8 O.I.S. is 70-200mm, Sigma 500mm f/5.6 DG DN OS Sports (L-mount) is 500mm — different framing and reach.
  • Type: the Panasonic LUMIX S PRO 70-200mm F2.8 O.I.S. is a zoom (flexible framing), the Sigma 500mm f/5.6 DG DN OS Sports (L-mount) a prime (one focal length, usually brighter and lighter).
  • Price: the Sigma 500mm f/5.6 DG DN OS Sports (L-mount) is $2,199, $800 under the Panasonic LUMIX S PRO 70-200mm F2.8 O.I.S..
  • Weight: the Sigma 500mm f/5.6 DG DN OS Sports (L-mount) is 1130g (2.49 lb) vs 1490g (3.28 lb) — you'll feel the difference handheld.

Frequently asked

Is the Panasonic LUMIX S PRO 70-200mm F2.8 O.I.S. or the Sigma 500mm f/5.6 DG DN OS Sports (L-mount) better?

These cover different focal lengths — the Panasonic LUMIX S PRO 70-200mm F2.8 O.I.S. is 70-200mm, the Sigma 500mm f/5.6 DG DN OS Sports (L-mount) is 500mm — so they're not really substitutes. Pick by the field of view you actually need: the Panasonic LUMIX S PRO 70-200mm F2.8 O.I.S. for telephoto, the Sigma 500mm f/5.6 DG DN OS Sports (L-mount) for super-telephoto.

Who should choose the Panasonic LUMIX S PRO 70-200mm F2.8 O.I.S.?

Choose the Panasonic LUMIX S PRO 70-200mm F2.8 O.I.S. if you want more light and background blur — f/2.8 is faster than f/5.6, better for low light and subject separation. Choose it if you shoot wide — it starts at 70mm vs 500mm for landscapes, interiors and architecture. Choose it if you want one-lens flexibility — a 70-200mm zoom covers what the fixed 500mm can't reframe. Choose it if you like close-focus work — 0.21x magnification vs 0.15x.

Who should choose the Sigma 500mm f/5.6 DG DN OS Sports (L-mount)?

Choose the Sigma 500mm f/5.6 DG DN OS Sports (L-mount) if you need more reach — it goes to 500mm vs 200mm for distant subjects, wildlife and sport. Choose it if you're on a budget — $2,199 vs $2,999 leaves more for other gear. Choose it if you prefer a fast, compact single focal length — a 500mm prime over a zoom. Choose it if you value portability — at 1130g (2.49 lb) it's lighter than the 1490g (3.28 lb) alternative for travel and all-day carry.

What is the main difference between the Panasonic LUMIX S PRO 70-200mm F2.8 O.I.S. and the Sigma 500mm f/5.6 DG DN OS Sports (L-mount)?

Aperture: the Panasonic LUMIX S PRO 70-200mm F2.8 O.I.S. opens to f/2.8 vs the Sigma 500mm f/5.6 DG DN OS Sports (L-mount)'s f/5.6 — more light and shallower depth-of-field.

Product
Optical Design
Focal Length70-200mm500mm
Lens TypeZoomPrime
Optical Elements2220
Optical Groups1714
Aperture & Iris
Maximum Aperturef/2.8f/5.6
Minimum Aperturef/22f/32
Aperture Blades1111
Rounded ApertureYesYes
Coverage & Angle
Format CoverageFull-FrameFull-Frame
Lens MountL-MountL-Mount
Angle of View34° – 12°
35mm Equivalent
Focus
AutofocusYesYes
Focus MotorSteppingHLA
Focus LimiterYesYes
AF/MF SwitchYesYes
Min Focus Distance90 cm350 cm
Max Magnification0.21x0.15x
Stabilization & Video
Optical StabilizationYesYes
Aperture RingNoNo
Declickable ApertureNoNo
ParfocalNoNo
Internal ZoomNoNo
General
Price (MSRP)$2,999$2,199
Filter Size77mm95mm
Diameter90.6mm112mm
Length208mm329.5mm
Weight1490g (3.28 lb)1130g (2.49 lb)
Weather SealedYesYes
Tripod CollarYesYes