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Hello! As the title says, I’ve tested these and Resolve generally takes the victory! If you’re just starting out in video editing, I’d suggest trying out resolve since it’s a completely free software!
Note that the free version “DaVinci Resolve Lite” compared to “Studio” doesn’t have few features. Most importantly it doesn’t support H264 10-bit clips, and H265 clips. If you want to use 10-bit clips, you’ll have to transcode them to ProRes (on a Mac) and DNxHR (on Windows). Everything is listed on their website and the studio version goes for $300. A bit expensive, but once you buy it, you have a lifetime license for all future versions, unlike Premiere which only comes as a monthly subscription. Premiere costs $20/month, but with After Effects and Audition the cost can be $50/month. Whereas in Resolve, you have built-in “software” for effects and audio called Fusion and Fairlight. Fusion was a separate software until DaVinci 15 and has been used for years by hollywood post-production houses. It is much more powerful than After Effects.
And also, I filmed and tested this before the latest release of Premiere unfortunately. Might go back and retest it after I update.
I’ve tested two different timelines with various codecs, bitrates, effects and LUTs.
The first timeline was a mix of GH5, Mavic 2 Pro and Helium 8K clips. While Premiere handles simpler things okay, when I rendered a 3-minute timeline of a music video which was filmed with GH5 @400Mbps, Resolve rendered the timeline almost twice as fast than Premiere 2019, in just 6 minutes, compared to more than 11 minutes in Premiere 2019.
If you’re interested in how exactly I’ve tested this, check out the video below! I promise I’m really rushing through things and I won’t waste your time! 
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