I have owned both and I have killed elk with both.
The 338 makes a larger hole through the elk and with one of the bullets I used, it always left me an exit. One other didn't and penetration was not too good.

Some 300 bullets didn't work out very well, but if you use a tough 180, 200 or 220 grain bullet the 300s also give exits.

I still own one of the 300s. I sold my 338s, but not because I had any complaints. It's just that I found that if I wanted to see more effect on large game then I get with the 270 Winchester of 30-06 my 9.3s and my 375H&H beat them.

If I were to be forced to choose one or the other I would choose the 338 over the 300s. I still own one 300 and I really like the rifle, so that is the reason I kept in more so then what cartridge it's chambered in.

I have owned two 300H&Hs one 300 Win Mag, two 308 Norma Mags, one 300 Weatherby mag and one 30-378 Weatherby mag and I have also owned a 338 Win mag.

To be 100% honest, I can't say I can see any real world difference in how any of my 300s killed elk, being faster of better then the 30-06s I have also killed elk with. You would think the super fast speeds given to me from the 300 Weatherby and the 30-378 Weatherby would just "have to kill better" then the 30-06 ------and I though so too ------until I used them. Nothing wrong with any of them, but I just didn't see any more effect on the killing of elk from the super-duper-uber fast bullets then I did from good 180 and 220 grain 30-06 loads. Flatter and more reach?....................Yes. Better killers? No.

The 2 choices you ask about are the 300 and the 338 mags ----- and if those were the only 2 I'd go with the 338 from my experience as a elk rifle, but if you were to also give a 30-06 as one of the choices I would take that over either one of the belted mags you named.

The reason I don't own a 338 now days is that I do own a 9.3X62 and a 9.3X74R as well as the 375H&H I have owned for the last 43years. All 3 of them put the elk down faster and better then any of my old 300s (including the one I still own) OR the 338 mag I used to have.

Others may disagree. And my opinion can't be said to be "better" then theirs. It's just what I have seen from using them.

But from my 50+ years of elk killing, if I want to step up from a 270 or a 30-06, I would step all the way up to a 9.3X62 or a 375H&H. The 270 to 300 grain bullets they use have been more impressive then the 30 cals I used, (not that there was a thing "wrong" with the 30s either) Or the 338 250 grain and 225 grain bullets I used.

In the 338 Mag I used 225 Grain Hornady Spire Points which came apart badly and didn't kill as well or fast as my 270s or 30-06s.

I also used the 250 grain Nosler partitions which were excellent.

The 250 from the 338 Win Mag put the elk down in a few seconds. My 375s and the 9.3 do it too, but in a few seconds less. (often instantly)

I am splitting hairs here and I admit it. But I figured I'd share what I have personally seen. My opinion is based on experience, but others may have different experience, so my advice may be worth exactly what it cost you. Nothing.


Last edited by szihn; 12/01/19.