Further improving on previous generations of Smart Adapters, this fifth-generation model now features a rubber gasket to protect the camera's mount from dust and moisture, offers a status notification LED light to check operation modes, and a dedicated switch that controls in-body image stabilization of select cameras. Also, this version is compatible with the Sony PXW-FS7 Mark II video camera.

This adapter is equipped with numerous capabilities thanks to the use of a high-performance 32-bit processor. The features include support for both phase-detect and contrast-detect AF systems as well as the ability to control the aperture from the camera body. Smooth iris effects are possible as well on select lenses and 5-axis stabilization is available thanks to communication of distance information with supported lenses. Also, it features a programmable function button, enables electronic (focus-by-wire) manual focusing, transmits Exif data to the camera, and works with in-lens image stabilization. Additionally, distance and zoom is displayed on certain camcorders and mirrorless cameras, auto magnify can be enabled, and it can automatically switch into APS-C mode depending on the lens used.

Beyond electronic communication, the adapter has many physical advantages as well, such as a black felt flocking on the inside of the adapter that prevents reflections. For larger lenses, there is a removable Arca-type-compatible tripod foot with a 1/4"-20 thread on the base.