Are the Fujifilm X-M5 and X-S20 X-Trans IV or V? Yes.

Coastal Arches – Charleston, SC – Fujifilm X-S20 – Kodacolor VR 200 – Photo by Jonathan Roesch

I’ve received a lot of questions lately about the Fujifilm X-M5 and X-S20. Specifically, people want to know what generation these two cameras fall under, and which Film Simulation Recipes they should use on their model. I’m not sure why this question has been asked so much lately, but there has definitely been a noticeable spike. Let’s get right into the answer, which is simple and complicated.

Both the X-M5 and X-S20 feature the same 26-megapixel X-Trans IV sensor found in the previous-generation models, such as the X-Pro3, X100V, X-T4, and X-T30 II. So it might seem obvious: they must be fourth-generation cameras, right? Not quite. Despite the sensor, both the X-M5 and X-S20 have the new X-Processor 5, the same as the X-T5, X100VI, X-H2, and X-T50, among others. In other words, these two cameras have a foot in both the X-Trans IV and X-Trans V worlds.

While sensor generation typically defines the era of Fujifilm cameras, it’s not just about the sensor itself—it’s also about the image processor, the firmware, and the JPEG engine. The X-Processor 5 brings with it some new Film Simulations, and a slightly divergent rendering (namely, the color blue on Classic Chrome, Classic Negative, Eterna, and Eterna Bleach Bypass). Even though the sensor on the X-M5 and X-S20 are from the prior generation, the JPEG options and rendering are more in line with the latest generation.

Flowering Tree – Buckeye, AZ – Fujifilm X-S20 – Summer Sun – Photo by Jonathan Roesch

The most appropriate Film Simulation Recipes for the X-M5 and X-S20 are X-Trans V and not X-Trans IV. Recipes designed for X-Trans IV that use Classic Chrome, Classic Negative, Eterna, and Eterna Bleach Bypass might not look quite right, and will need a Color Chrome FX Blue adjustment. If the X-Trans IV Recipe (that uses one of those four Film Sims) calls for Color Chrome FX Blue set to Strong, use Weak instead; if it calls for Weak, use Off instead. With that simple adjustment, those X-Trans IV Recipes are fully compatible with the X-M5 and X-S20, as are all X-Trans IV (except those intended for the X-T3/X-T30) that aren’t based on those four Film Simulations.

While it’s a bit convoluted, the answers aren’t terribly complicated. Even though the X-M5 and X-S20 are a bit both X-Trans IV & V, they are indeed fifth-generation models. The Recipes that are most appropriate for these two cameras are the ones intended for X-Trans V cameras, like the X-H2s, X-T5, X100VI, etc., etc., but some X-Trans IV Recipes—those that don’t use Classic Chrome, Classic Negative, Eterna, and Eterna Bleach Bypass—are also fully compatible, and some are made compatible simply by reducing Color Chrome FX Blue down by one. Clear as mud? I hope this makes sense for those wondering which Recipes to use on their camera.

New: Fujifilm X-M5

I’m a little late to the party, but in case you haven’t heard, Fujifilm announced a new camera: the tiny and inexpensive X-M5.

My alarm sounded at 3:30 AM Eastern Time this morning, so that I could catch my flight from JFK International to Phoenix Sky Harbor. After running through the airport Home Alone 2 style, I barely made it, just as the gate attendant was announcing the last barding call. I made it nonetheless, and am now home after a whirlwind tour of New York City and Connecticut. It was such a great time, and I look forward to sharing more about it with you in the coming days.

In the meantime, here’s my take on the Fujifilm X-M5. I will do my best to say something different than the many reviews that have already been published across the web. To be clear: this isn’t a review. I haven’t used, touched, or even seen the camera in-person. I know as much about it as you, and maybe not even that much. It does seem to pack a lot into a tiny and inexpensive body, from what I’ve read.

I have been saying for a couple of years now that Fujifilm needs an affordable entry-level model. They used to have two, but when the X-A7 and X-T200 had sputtering sales in 2020, Fujifilm discontinued both. I’ve stated several times that, in my opinion, there is a sufficient market to justify one entry-level model—but probably not two—so if Fujifilm were to make an X-A8 or X-T300 (but not both), it would likely do just fine. Instead (and after a few years), they did something really unexpected and better, and revived the long-dormant X-M line.

Fujifilm released the X-M1 in 2013. It was unusual in that it had an X-Trans I sensor paired with the X-Trans II processor. It was announced just a few months before the X-A1, which was basically the same camera, except with a Bayer sensor instead of X-Trans. Because the X-A1 and X-M1 were nearly identical, yet the X-A1 was cheaper, the X-M1 struggled to sell, and it never had a successor… until now.

The X-M5 has been imagined and designed with the idea of what an X-M series camera would look like had it not been discontinued. How would it have evolved over the last decade? Fujifilm used their imaginations, and created the new camera. And, in the spirit of the original, it comes with the “old” X-Trans IV sensor paired with the “new” X-Trans V processor.

Boats in Central Park – New York City, NY – Fujifilm X100VI
Fuji X EG400 Recipe included in the Evergreen + Fuji X Weekly Protective Case for X100-series cameras
This picture doesn’t have much to do with the article.

It is currently the most affordable X-series model, at only $799 for the body-only, and $899 when paired with the 15-45mm f/3.5-5.6 lens. For those wanting to get into the Fujifilm system but have found it to be a little outside of the budget, the X-M5 might be your best option. This is an easy camera to recommend for beginners, as it fills an obvious void in the X-series lineup.

The X-M5 is also the smallest interchangeable-lens X-series camera. It is tiny and lightweight, which makes it compelling for travel or walk-around photography. I would pair it with the Fujinon 27mm f/2.8 or Fujinon 18mm f/2… but, here is the problem: the 27mm lens is very difficult to find, and the 18mm is overdue for a refresh. This is an ideal camera (along with the X-E line) to showcase one big advantage of APS-C: size and weight; however, the lack of pancake lenses makes it less compelling than it should be. My suggestion to Fujifilm is to increase production of the 27mm f/2.8, design a new-and-improved 18mm f/2, and introduce one or more new pancake options (maybe to be released in conjunction with the next X-E camera?).

While the X-M5 is a bit video-centric, it does not have IBIS. I don’t think the lack of IBIS is a big deal whatsoever for stills photography, but I do see it as a potential problem for videography. However, for the price and size, I think its exclusion is acceptable. You can use OIS lenses, a gimbal, and/or the digital stabilizer, if necessary.

Perhaps the two biggest drawbacks are the lack of an EVF and the PASM dial. It’s understandable why the camera doesn’t have an EVF—the X-M1 didn’t have one, and if the X-M5 did, it would require the body to be both larger and more expensive—but the lack of one will be a dealbreaker for some. The PASM dial was also expected, but for me, personally, I much prefer the traditional dials instead; some people like this setup (different strokes for different folks), but it’s nearly a dealbreaker for me—nearly.

The Film Dial… I like it, but it’s controversial. You may or may not like it yourself; however, I suspect that many will find it both fun and useful on the X-M5 specifically. I’m quite happy to see its inclusion on this camera.

From what I can tell, the Fujifilm X-M5 is not for me, but it might be good as my teenage son’s first camera. Christmas is around the corner, so we’ll see. Maybe it will be wrapped under the tree (if it’s still even available…). I think it will sell very well, and serve as a gateway into the Fujifilm ecosystem for many. For those already in the X-series family, this might be a good compact camera for travel, or an inexpensive companion to a larger body.

This post contains affiliate links, and if you make a purchase using my links I’ll be compensated a small amount for it.

Fujifilm X-M5 in black:
B&HMomentWexNuzira
Fujifilm X-M5 in silver:
B&HMomentWexNuzira

Fujifilm X-M5???

According to Fujirumors, the “camera line that most of us thought axed” that Fujifilm will be reviving is the X-M series. Apparently it will be called X-M5 and will be released sometime before the end of the year—September and November are a couple of months that Fujifilm likes to use for announcements, so maybe then. Nothing else is known at this time.

For those who don’t remember, the X-M1 was a short-lived camera near the beginning of the X-series that wasn’t particularly successful. It was unusual in that it had an X-Trans I sensor paired with an X-Trans II processor. It was a predecessor to the X-A line (the X-A1 had an identical body), and positioned lower than the X-E series. While it had a rangefinder look, it was given a PASM dial and didn’t have a viewfinder.

The X-M1 was released in the summer of 2013, right after Fujifilm began rolling out X-Trans II cameras. They also announced the nearly identical X-A1 just a few months afterwards. Those who were more familiar with the X-series and cameras in-general opted for the X-E1 or (a few months later) X-E2 because the X-E1 line was better (build quality, EVF, etc.), while those who were unfamiliar opted for the X-A1 instead because it was cheaper and the advantage of the X-M1 wasn’t obvious or well communicated. The X-M series was axed about a year later, but supplies lasted for another year due to unsold inventory.

While the upcoming camera will be called X-M5, I’m not sure what might be similar or dissimilar compared to the X-M1. I have some guesses, but it’s pure speculation. I have some suggestions for Fujifilm, but it might be too late in the design process to be implemented; however, I’ll give them anyway. I think the X-M5 is actually a smart move because Fujifilm is desperately missing a budget-friendly option for those who wish to get into the X-series but don’t have a ton to spend.

If I were Fujifilm, I would design it with a rangefinder-like shape that’s not too dissimilar to the X100VI and X-E4. In other words, it should look like the X-M1 to a large degree. I think they would be smart to keep the size down as much as possible—in fact, make the X-M5 the smallest interchangeable-lens X-series camera ever produced. Personally, I would ditch the PASM dial and use a shutter knob—the X-H series wen’t from non-PASM to PASM, so no reason X-M can’t go the other route. I doubt that it will have IBIS, unless the idea is not to keep the price down—an X-M5 with IBIS will likely be at least $900-$1,000 for the body alone, an X-M5 without IBIS should be in the $700-$800 range.

I would use the 26mp X-Trans IV sensor paired with the X-Processor V (like the X-S20, which also parallels the X-M1) and the old NP-W126S battery. Because of the small body size and heat dispersion issues, the camera will likely need some performance limitations to prevent it from overheating, which will simultaneously differentiate it from more premium (a.k.a. expensive) models. It won’t likely have an EVF, but it should have a tilting screen similar (identical?) to the one on the X-T50; however, if they do choose to add IBIS, don’t be surprised if it has a flippy screen like the X-S20. I would hope that Fujifilm would give it C1-C7 custom presets, but the X-M1 didn’t, so it’s possible that the X-M5 won’t either; however, that would be a mistake if they did—perhaps just C1-C4 if they feel the need to limit it (please give it C1-C7, though).

It seems like a safe assumption that the X-M5 will sit below the (discontinued) X-E4, eventual future X-E5, and the X-T30 II as Fujifilm’s low-budget base-level camera. Since Fujifilm discontinued both the X-A and X-T000 lines a few years back, there hasn’t been a good option for those on a tight budget to get into the X-series, except to hope for a good deal in the used market. I cannot tell you how many times people have asked me for advice on purchasing an inexpensive Fujifilm camera, but there just aren’t any options for brand-new bodies (the X-T30 II being the closest, currently). With the X-M5, there might finally be an inexpensive camera to recommend.