It sure does.....
BUT for hunting rifles, I liked the HD5 1" tube and only 44mm objective for low mounting and light weight. 3x was just about low enough to use in heavy woods and 15x was adequate for any mountain or prairie shot. For light weight HUNtING guns I always prefer a smaller scope.
The new V4 has a 30 mm tube and 50mm objective. IMO 50mm objectives make any "versatile hunting" rifle to heavy and bulky. The HD5 hit my sweet spot. It allowed 7.5 lb total package custom build 270 WSM my favorite purely big game hunting rifle.
Don't get me wrong, I have a dozen scopes with 30mm tubes and 50 or 56mm objective. They are limited to being mounted on varmint, F Class, and specialized lining open country hunting. I believe I have 6 each NSX 5-22 that rest on such rigs. 30 mm give you way more elevation adjustment for long range. I limit game to 400 yards so a 1" is adequate for that.
Don't let my wife know but I have scopes from pretty much every manufacturer and have bought them each for a specific purpose. The 2 Zeiss I own are awesome pieces of equipment. Unfortunately IMO, they got it perfect with the HD5 and they missed the boat going to 30mm/50mm combo for all around hunting. It will be great on specialized big heavy hunting rigs.
I am trying to find a couple new/old stock HD5's for future products. I hope Zeiss folks are following this.
Cheers!