OM System M.Zuiko Digital ED 40-150mm f/4 PRO at a glance:

  • New guide prices $800/£799
  • Used guide prices $680-720/£650-700
  • Telephoto zoom for Micro Four Thirds format
  • 80-300mm equivalent zoom range in 35mm format
  • Constant f/4 maximum aperture
  • 70cm minimum focus

While OM System is a new name in the camera world, it’s a brand steeped in photographic history. Olympus Cameras became independent from Olympus Corporation in early 2021 and OM Digital Solutions (OMDS) and the OM System brand were born. The new business quickly got to work and in early 2022 the flagship OM-1 Micro Four Thirds camera was announced and in recognition of the original film OM-1 that was introduced 50 years earlier, it will be the last camera to bear the Olympus name.

OM System 40-1150mm F4 on Olympus OM-D E-M1 Mark III

The OM System 40-150mm f/4 is a compact premium telephoto for use on Micro Four Thirds cameras, such as the Olympus OM-D E-M1 Mark III here

Introduced alongside the OM-1 was a pair of OM System lenses, the M.Zuiko Digital ED 20mm f/1.4 PRO and the telezoom lens tested here, the M.Zuiko Digital ED 40-150mm f/4 PRO. The new lens is a scaled down and simplified version of the Olympus M.Zuiko Digital ED 40-150mm f/2.8 PRO. Both of these 40-150mm lenses are featured in our selection of Best Zoom lenses for Micro Four Thirds in 2023.

At $900/£799, the ED 40-150mm f/4 PRO is a compact, weather-sealed zoom and neatly occupies the middle ground between its $1300/£1199 f/2.8 sibling and the entry-level M.Zuiko Digital ED 40-150mm f/4-5.6 R, which costs around $200/£250. With a feature set that is sure to appeal to photographers keen to travel light without compromising picture-taking potential, this new telezoom is packed with promise but does it deliver?

OM System M.Zuiko Digital ED 40-150mm f/4 PRO: Features

In terms of optical design, the 40-150mm f/4 bears a close resemblance to the f/2.8 version. It employs 15 elements in 9 groups, including two made from extra-low dispersion (ED) glass, one each from super ED glass and high refractive-index (HR) glass, and two aspherical elements, all working together to suppress optical aberrations. The firm’s ZERO coating is applied to minimise flare and ghosting. As usual, the overall aim is to give images that are crisp across the frame and throughout the entire zoom range.

OM System Olympus 40-150mm F4 extended

Twisting the zoom ring extends the lens from its packed position ready for use. At this point, it zooms and focuses internally.

When it comes to the physical design, though, the f/4 lens is very different to its big brother. At 99.4mm long and 382g, it’s less than half the weight, and two-thirds of the length. In fact it’s only 13mm longer than the f/4-5.6 lens, although it’s still twice the weight. OMDS has achieved this compact size with a unique take on the retractable zoom design. Twist the zoom ring from the packed position and the lens extends by 3cm ready for use. But beyond this, it both zooms and focuses internally.

OM 40-150mm f/54 vs 40-150mm f/4-5.6 vs 40-150mm f/2.8

When packed, the 40-150mm f/4 is only fractionally larger than its entry-level f/4-5.6 stablemate (left), and much smaller than the f/2.8 version (right)

What you don’t have to give up, though, is robustness. Like the other Pro-series lenses, the 40-150mm f/4 boasts an IP53 rating for water-and dust resistance, while being freezeproof to -10 °C. A fluorine coating is applied to the front element to combat fingerprints and raindrops.

Olympus 40-150mm f/4 front

The 40-150mm f/4 accepts 62mm filters, like the firm’s 12-40mm f/2.8

Other features include a 7-blade aperture diaphragm and a minimum focus distance of 70cm throughout the zoom range. A deep bayonet-fit hood is supplied and boasts a locking button to keep it in place.

OM System Olympus 40-150mm f/4 mount

The 40-150mm f/4 boasts extensive weathersealing, including an O-ring around the mount

The lens employs 62mm filters, a size that’s conveniently shared with the firm’s 12-40mm f/2.8 Pro zoom and trio of 17mm, 25mm and 42.5mm f/1.2 Pro primes. It doesn’t accept teleconverters, as a direct consequence of the compact design. It also lacks optical stabilisation, which makes it ill-suited to use on those Lumix G bodies that don’t have in-body stabilisation.

OM System M.Zuiko Digital ED 40-150mm f/4 PRO: Build and Handling

In terms of design, the 40-150mm f/4 looks much like other Pro-series lenses. It’s dominated by the large, distinctively textured zoom ring, with the slimmer manual focus ring towards the front. Both these control rings and the rear barrel section are crafted from metal, while the extending section is plastic skinned.

OM System Olympus 40-150mm F4 lens hood

A deep bayonet-mount lens hood is supplied with the 40-150mm f/4

OMDS has done a great job with the collapsing barrel design, which works really well. When the lens is retracted, the camera will show a message in the viewfinder that prompts you to extend it for use. Then once it’s in the shooting position, the preview image appears, and you can use it like any other lens.

OM System Olympus 40-150mm F4 in-hand

Even when extended for use, the 40-150mm f/4 is one of the smallest 300mm-equivalent lenses around

There’s a distinct hard stop when you zoom out to 40mm, so you shouldn’t ever find yourself retracting it accidentally. But when the time does come to pack it away, a sharp twist of the zoom rang takes it back to the retracted configuration.

OM System 40-150mm F4 on Olympus OM-D E-M5 Mark II

The lens is snall enough to balance nicely on compact Olympus E-M5-series bodies (this is the Mark II)

With its relatively light weight, the lens feels perfectly well balanced even when used on smaller Micro Four Thirds cameras, such as the mid-range E-M5 series. It’s not quite such a featherweight as the plastic-barrelled 40-150mm f/4-5.6, but in real-world use the difference isn’t huge. It’s certainly a contrast to the f/2.8 lens, which is best suited to the OM-1 and E-M1 series cameras, thanks to their much larger handgrips.

OM System M.Zuiko Digital ED 40-150mm f/4 PRO: Autofocus

Unusually for a telephoto zoom, OMDS doesn’t make any great claims for the 40-150mm f/4’s autofocus performance. Indeed for OM-1 users, it’s worth noting that the lens doesn’t support 50fps shooting with continuous AF, unlike the f/2.8 optic. But this isn’t to suggest that the autofocus is poor. In single AF mode with static subjects, in general it locks focus instantly and accurately. I saw a the occasional misfocused shot, but mostly with small subjects in complex surroundings, such as a garden birds, which can easily confuse AF systems.

Om System Olympus 40-150mm f/4 robin sample image

With static subjects, autofocus is fast and accurate. Olympus OM-D E-M1 Mark III, 40-150mm f/4 at 150mm, 1/1600sec at f/4, ISO 200

Switch to continuous autofocus, and your experience will depend mainly on what camera you use. Only those bodies capable of phase detection, namely the OM-1, Olympus OM-D E-M1 series, and E-M5 Mark III, are particularly adept at holding focus on moving subjects anyway. Equally, while the lens doesn’t have a physical focus limiter switch to reduce hunting, it supports the software focus limiter setting on recent high-end bodies.

Olympus 40-150mm F4 heron sample image

Continuous AF works well, but the hit-rate isn’t quite as high as the more expensive f/2.8 lens. Olympus OM-D E-M1 Mark III, 40-150mm f/4 at 150mm, 1/2000sec at f/4.5, ISO 800

I tested the lens mostly on the Olympus OM-D E-M1 Mark III and found that with moving vehicles or birds in flight, the lens was generally able to keep up pretty well with the camera’s demands. But with fast-moving action, it was prone to lagging just slightly behind the subject’s position. This will usually only be visible when examining images closely onscreen, but even so, photographers who shoot a lot of sport or wildlife should be better served by the f/2.8 lens.

OM System 40-150mm F4 heron sample image

In this frame, sharpest focus is on the bird’s feet, Olympus OM-D E-M1 Mark III, OM System 40-150mm f/4 at 150mm, 1/1000sec at f/4.5, ISO 400

If you do need to focus manually, the lack of a clutch mechanism is an irritation, particularly on bodies that don’t have a switch to engage MF. But the focus ring itself works nicely in allowing smooth, precise adjustment.

OM System 40-150mm F4 pigeon sample image

Olympus OM-D E-M1 Mark III, OM System 40-150mm f/4 at 70mm, 1/250sec at f/5.6, ISO 200

Videographers, meanwhile, will be pleased to hear that the focus motor is essentially silent, and won’t be registered on your soundtrack. Also, the lens exhibits no problematic focus breathing effects. Unfortunately, though, the lack of a clutch mechanism means that the focus ring has no linear response mode, which makes controlled manual focus pulls difficult.

OM System M.Zuiko Digital ED 40-150mm f/4 PRO: Performance

What’s most impressive about the 40-150mm f/4 is its consistent level of sharpness. Quite simply, it delivers images that are packed full of detail from corner to corner at all focal lengths. There’s no need to stop down for extra sharpness, either. Instead, fine detail gradually softens beyond f/5.6 due to diffraction, and as usual with Micro Four Thirds, I’d avoid using apertures smaller than f/11.

OM System 40-150mm F4 blossom sample image

Images are packed full of detail from corner to corner. Olympus OM-D E-M1 Mark III, OM System 40-150mm f/4 at 75mm, 1/60sec at f/8, ISO 400

Software aberration compensation is integrated into Micro Four Thirds, which means that barrel/pincushion distortion is corrected automatically in both raw and JPEG, along with colour fringing towards the corners due to lateral chromatic aberration. As a result, straight lines are always rendered properly, while images look clean and detailed across the frame.

OM System 40-150mm F4 bluebell woods sample image

Images are sharp and detailed even at f/4. Olympus OM-D E-M1 Mark III, OM System 40-150mm f/4 at 40mm, 1/80sec at f/4, ISO 640

A little colour fringing can be seen around out-of-focus edges in high-contrast scenes at f/4, but it’s not exactly troublesome and can be suppressed using Adobe’s Defringe control if required. There’s barely any vignetting either, with just the slightest hint of corner darkening at f/4, which will only ever be visible if you shoot a completely evenly-toned subject. Likewise, I saw no problems with flare or ghosting, even when shooting directly into the light.

Olympus 40-150mm F4 sunset sample image

The lens behaves well when shooting into the light. Olympus PEN-F, OM System 40-150mm f/4 at 106mm, 1/500sec at f/4, ISO 200

This leaves us to consider a more subjective aspect of image quality, namely the out-of-focus blur or bokeh. Firstly, it’s important to realise that with its f/4 aperture on Micro Four Thirds, this lens doesn’t deliver a huge degree of subject separation or background blur. As a result, distant backgrounds can look a little messy and sometimes detract from the subject. So it’s a case of choosing them carefully, rather than just relying on the lens to blur them away.

OM System Olympus 40-150mm F4 bluebell sample image

Sharpness is retained well at close focus, with a smooth transition to out–of-focus backgrounds. Olympus OM-D E-M1 Mark III, OM System 40-150mm f/4 at 85mm, 1/4000sec at f/4, ISO 200

On a more positive note, the lens does deal nicely with the transition from in-focus to out-of-focus regions, which makes it a good choice for close-up work.

OM System 40-150mm F4 full moonrise sample image

There’s no optical stabilisation, but in-body IS still allows hand-held shots at remarkably slow shutter speeds. Olympus OM-D E-M1 Mark III, OM System 40-150mm f/4 at 78mm, 1/13sec at f/8, ISO 200

While there’s no optical stabilisation on board, in-body stabilisation is very effective in this focal length range. Using the E-M1 Mark III, I was able to get consistently sharp shots at about 1/10sec towards the wide end of the zoom, and 1/40sec at telephoto. With many of the subjects that this lens is likely to be used for, such as sports, wildlife, or pets, motion blur will be a bigger problem than camera shake.

OM System M.Zuiko Digital ED 40-150mm f/4 PRO: Our Verdict

In many respects, the OM System M.Zuiko Digital ED 40-150mm f/4 PRO delivers nicely on its promise by producing lovely crisp images from a small, lightweight package. Indeed, it’s remarkably small for a 300mm equivalent lens with premium optics. You don’t even have to go searching for a sweet spot in terms of focal length and aperture, as it delivers plenty of sharpness and detail at f/4 and f/5.6. The real trick is not to stop down beyond f/11 where diffraction impacts on sharpness.

OM System Olympus 40-150mm F4 in use

The OM System 40-150mm f/4 is a fine little lens that gives consistently sharp images

There are some compromises to accept in return for the compact size. Naturally the f/4 maximum aperture isn’t great for blurring backgrounds, while autofocus isn’t quite as good at keeping up with fast-moving subjects compared with more expensive optics. However, I suspect most users will happily accept these drawbacks in return for the lens’s sheer portability.

OM System 40-150mm F4 flowers sample image

Olympus OM-D E-M1 Mark III, OM System 40-150mm f/4 at 122mm, 1/80sec at f/4, ISO 200

Overall, the ED 40-150mm f/4 PRO is a fine little lens that neatly fills a gap in the M.Zuiko line-up between the entry-level and f/2.8 Pro zooms that cover the same range. It’s a particularly good match for compact Micro Four Thirds bodies such as the E-M5 Mark III, but is just as good a choice for E-M1/OM-1 users looking to travel light, and it’s nicely priced too.

4.5 stars

OM System M.Zuiko Digital ED 40-150mm f/4 PRO: Full Specifications

OM System 40-150mm F4 on Olympus PEN-F

The 40-150mm f/4’s petite size means it doesn’t dwarf small cameras such as the Olympus PEN-F