An affordable AV receiver is always a good option to consider, so Onkyo TX-RZ720 vs Yamaha RX-V585BL comparison definitely makes sense.
Considered AV receivers have the same number of channels 7.2. Regarding power, then TX-RZ720 has such a W/Ohm ratio - 175/6 when RX-V585BL has a power of 80/8, 145/6. The THD is 0.08% for the TX-RZ720 but 0.09% for the RX-V585BL.
Characteristics of digital to analog converter (DAC) are different, VLSC 384 KHz/32-bit for TX-RZ720 and Burr-Brown 384 KHz/32-bit for the RX-V585BL. Both the TX-RZ720 and the RX-V585BL support Bi-amping. Each of the AV receivers can transmit an audio signal directly to the amplifier and bypasses any DSP processing.
WI-FI modules have the same characteristics: 2.4/5GHz. Rivals from our review have Bluetooth support. The Onkyo TX-RZ720 has support for AirPlay, and its competitor in our comparison - AirPlay, AirPlay 2. Spotify can be used on each receiver. The TX-RZ720 can work with the audio stream from Deezer, TIDAL, TuneIn Radio, and the RX-V585BL can receive a content from Deezer, TIDAL, Pandora, Napster, SiriusXM, TuneIn Radio.
Both AV receivers support HDR10 technology (High dynamic range). Compared AV receivers retain the quality of 4K/60Hz signal when transmitting from a source to a TV or projector. HDMI signal transmission in standby mode is implemented in each of the devices. The RX-V585BL can scale the input HDMI signal, unlike the TX-RZ720. The HDR standard - Dolby Vision is supported by these receivers.
The Onkyo TX-RZ720 has 7/2 HDMI inputs/outputs versus 4/1 HDMI connectors of the Yamaha RX-V585BL. The HDMI Audio Return Channel (ARC) feature supports both devices. The HDMI eARC is available only on the RX-V585BL. The Consumer Electronics Control (CEC) feature is present in most modern AV receivers and the models in our comparison are no exception. Both models support the standard HDCP 2.2. The TX-RZ720 has a built-in phono stage for connecting a vinyl player.
Each of the AV receivers from our review supports 2 Multi-room zones. An ECO mode is only available for the RX-V585BL. Both TX-RZ720 and RX-V585BL can be configured using the Setup assistant.
Both devices have support for Dolby Atmos multichannel audio format. The surround sound technology DTS:X is supported by devices under review.