diff --git a/CHANGELOG.md b/CHANGELOG.md
index 5b064a7..2e63526 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,6 +7,12 @@ and this project adheres to [Semantic Versioning](http://semver.org/spec/v2.0.0.
 
 ## [Unreleased][]
 
+- Nothing yet
+
+## [0.5.0][]
+
+### Added
+
 - Include virtual fields in the EctoDiff struct by default. Minimum Ecto version required is 3.8.
 
 ## [0.4.0][]
diff --git a/mix.exs b/mix.exs
index 7633def..7e27b4c 100644
--- a/mix.exs
+++ b/mix.exs
@@ -1,7 +1,7 @@
 defmodule EctoDiff.MixProject do
   use Mix.Project
 
-  @version "0.4.0"
+  @version "0.5.0"
   @source_url "https://github.com/peek-travel/ecto_diff"
 
   def project do