Leica M-E Typ 240 vs Olympus XZ-1

The Leica M-E (Typ 240) and the Olympus XZ-1 are two digital cameras that were announced, respectively, in June 2019 and January 2011. The M-E Typ 240 is a rangefinder-focusing mirrorless camera, while the XZ-1 is a fixed lens compact. The cameras are based on a full frame (M-E Typ 240) and a 1/1.7-inch (XZ-1) sensor. The Leica has a resolution of 23.7 megapixels, whereas the Olympus provides 10.1 MP.

Below is an overview of the main specs of the two cameras as a starting point for the comparison.

Headline Specifications

Leica M-E Typ 240		Olympus XZ-1
Rangefinder camera		Fixed lens compact camera
Leica M mount lenses		28-112mm f/1.8-2.5
23.7 MP – Full Frame sensor		10.1 MP – 1/1.7" sensor
1080/25p Video		720/30p Video
ISO 200-6,400		ISO 100-6,400
Optical viewfinder		Viewfinder optional
3.0" LCD – 920k dots		3.0" LCD – 614k dots
Fixed screen (not touch-sensitive)		Fixed screen (not touch-sensitive)
3 shutter flaps per second		2 shutter flaps per second
no shake reduction		In-body stabilization
Weathersealed body		not weather sealed
500 shots per battery charge		320 shots per battery charge
139 x 80 x 42 mm, 680 g		111 x 65 x 42 mm, 275 g

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Going beyond this snapshot of core features and characteristics, what are the differences between the Leica M-E (Typ 240) and the Olympus XZ-1? Which one should you buy? Read on to find out how these two cameras compare with respect to their body size, their imaging sensors, their shooting features, their input-output connections, and their reception by expert reviewers.

Body comparison

The side-by-side display below illustrates the physical size and weight of the Leica M-E Typ 240 and the Olympus XZ-1. The two cameras are presented according to their relative size. Three successive views from the front, the top, and the rear are shown. All width, height and depth measures are rounded to the nearest millimeter.

The XZ-1 can be obtained in two different colors (black, white), while the M-E Typ 240 is only available in silver.

If the front view area (width x height) of the cameras is taken as an aggregate measure of their size, the Olympus XZ-1 is considerably smaller (35 percent) than the Leica M-E Typ 240. It is worth mentioning in this context that the M-E Typ 240 is splash and dust resistant, while the XZ-1 does not feature any corresponding weather-sealing.

The above size and weight comparisons are to some extent incomplete and possibly misleading, as the XZ-1 has a lens built in, whereas the M-E Typ 240 is an interchangeable lens camera that requires a separate lens. Attaching the latter will add extra weight and bulk to the setup. You can compare the optics available for the M-E Typ 240 and their specifications in the Leica M Lens Catalog.

The adjacent table lists the principal physical characteristics of the two cameras alongside a wider set of alternatives. If you want to switch the focus of the display and review another camera pair, you can move across to the CAM-parator tool and choose from the broad selection of possible camera comparisons there.

Body Specifications

		Camera Model	Camera Width	Camera Height	Camera Depth	Camera Weight	Battery Life	Weather Sealing	Camera Launch	Launch Price	Street Price
1.		Leica M-E Typ 240	139 mm	80 mm	42 mm	680 g	500	Y	Jun 2019	EUR 3 949	ebay.com
2.		Olympus XZ-1	111 mm	65 mm	42 mm	275 g	320	n	Jan 2011	EUR 480	ebay.com
3.		Fujifilm GFX 50R	161 mm	97 mm	66 mm	775 g	400	Y	Sep 2018	EUR 4 499	ebay.com
4.		Leica M Typ 240	139 mm	80 mm	42 mm	680 g	500	Y	Sep 2012	EUR 6 199	ebay.com
5.		Leica M Typ 262	139 mm	80 mm	42 mm	680 g	400	Y	Nov 2015	EUR 5 499	ebay.com
6.		Leica M10	139 mm	80 mm	39 mm	660 g	210	Y	Jan 2017	EUR 6 499	ebay.com
7.		Leica M10-P	139 mm	80 mm	39 mm	660 g	210	Y	Aug 2018	EUR 7 499	ebay.com
8.		Leica M10-R	139 mm	80 mm	39 mm	660 g	210	Y	Jul 2020	EUR 7 999	ebay.com
9.		Leica Q Typ 116	130 mm	80 mm	93 mm	640 g	300	n	Jun 2015	EUR 3 999	ebay.com
10.		Leica Q2	130 mm	80 mm	92 mm	718 g	370	Y	Mar 2019	EUR 4 799	amazon.com
11.		Leica V-LUX 5	136 mm	97 mm	131 mm	812 g	350	n	Jul 2019	EUR 1 199	amazon.com
12.		Olympus E-PL1	115 mm	72 mm	42 mm	334 g	290	n	Feb 2010	EUR 599	ebay.com
13.		Olympus E-PL3	110 mm	64 mm	37 mm	313 g	300	n	Jun 2011	EUR 549	ebay.com
14.		Olympus E-PM1	110 mm	64 mm	34 mm	265 g	330	n	Jun 2011	EUR 449	ebay.com
15.		Olympus XZ-2	113 mm	65 mm	48 mm	346 g	340	n	Sep 2012	EUR 599	ebay.com
16.		Panasonic LX5	110 mm	65 mm	43 mm	271 g	400	n	Jul 2010	EUR 529	ebay.com
17.		Sony A9 II	129 mm	96 mm	76 mm	678 g	690	Y	Oct 2019	EUR 5 399	amazon.com
Note: Measurements and pricing do not include easily detachable parts, such as add-on or interchangeable lenses or optional viewfinders.
Convert to Imperial

Any camera decision will naturally be influenced heavily by the price. The listed launch prices provide an indication of the market segment that the manufacturer of the cameras have been targeting. The XZ-1 was launched at a lower price than the M-E Typ 240, despite having a lens built in. Usually, retail prices stay at first close to the launch price, but after several months, discounts become available. Later in the product cycle and, in particular, when the replacement model is about to appear, further discounting and stock clearance sales often push the camera price considerably down.

Sensor comparison

The imaging sensor is at the core of digital cameras and its size is one of the main determining factors of image quality. A large sensor will tend to have larger individual pixels that provide better low-light sensitivity, wider dynamic range, and richer color-depth than smaller pixel-units in a sensor of the same technological generation. Moreover, a large sensor camera will give the photographer more control over depth-of-field in the image and, thus, the ability to better isolate a subject from the background. On the downside, larger sensors tend to be associated with larger, more expensive camera bodies and lenses.

Of the two cameras under consideration, the Leica M-E Typ 240 features a full frame sensor and the Olympus XZ-1 a 1/1.7-inch sensor. The sensor area in the XZ-1 is 95 percent smaller. As a result of these sensor size differences, the cameras have a format factor of, respectively, 1.0 and 4.4. The sensor in the M-E Typ 240 has a native 3:2 aspect ratio, while the one in the XZ-1 offers a 4:3 aspect.

With 23.7MP, the M-E Typ 240 offers a higher resolution than the XZ-1 (10.1MP), but the M-E Typ 240 nevertheless has larger individual pixels (pixel pitch of 6.01μm versus 2.13μm for the XZ-1) due to its larger sensor. Moreover, the M-E Typ 240 is a much more recent model (by 8 years and 5 months) than the XZ-1, and its sensor will have benefitted from technological advances during this time that further enhance the light gathering capacity of its pixels.

The resolution advantage of the Leica M-E Typ 240 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the M-E Typ 240 for good quality output (200 dots per inch) amounts to 29.8 x 19.9 inches or 75.6 x 50.5 cm, for very good quality (250 dpi) 23.8 x 15.9 inches or 60.5 x 40.4 cm, and for excellent quality (300 dpi) 19.8 x 13.3 inches or 50.4 x 33.7 cm. The corresponding values for the Olympus XZ-1 are 18.3 x 13.8 inches or 46.5 x 35 cm for good quality, 14.7 x 11 inches or 37.2 x 28 cm for very good quality, and 12.2 x 9.2 inches or 31 x 23.3 cm for excellent quality prints.

The Leica M-E (Typ 240) has a native sensitivity range from ISO 200 to ISO 6400, which can be extended to ISO 100-6400. The corresponding ISO settings for the Olympus XZ-1 are ISO 100 to ISO 6400 (no boost).

In terms of underlying technology, the M-E Typ 240 is build around a CMOS sensor, while the XZ-1 uses a CCD imager. Both cameras use a Bayer filter for capturing RGB colors on a square grid of photosensors. This arrangement is found in most digital cameras.

Since 2007, DXO Mark has published sensor performance measurements that have been derived using a consistent methodology. This service assesses and scores the color depth ("DXO Portrait"), dynamic range ("DXO Landscape"), and low-light sensitivity ("DXO Sports") of camera sensors, and also publishes an overall camera score. The following table provides an overview of the physical sensor characteristics, as well as the sensor quality measurements for a selection of comparators.

Sensor Characteristics

		Camera Model	Sensor Class	Resolution (MP)	Horiz. Pixels	Vert. Pixels	Video Format	DXO Portrait	DXO Landscape	DXO Sports	DXO Overall
1.		Leica M-E Typ 240	Full Frame	23.7	5952	3976	1080/25p	25.2	14.2	2821	94
2.		Olympus XZ-1	1/1.7	10.1	3664	2752	720/30p	18.8	10.4	117	34
3.		Fujifilm GFX 50R	Medium Format	51.1	8256	6192	1080/30p	25.7	14.4	3169	98
4.		Leica M Typ 240	Full Frame	23.7	5952	3976	1080/25p	24.0	13.3	1860	84
5.		Leica M Typ 262	Full Frame	23.7	5952	3976	none	24.8	13.7	2478	90
6.		Leica M10	Full Frame	23.8	5952	3992	none	24.4	13.2	2133	86
7.		Leica M10-P	Full Frame	23.8	5952	3992	none	25.1	14.1	2739	93
8.		Leica M10-R	Full Frame	40.9	7864	5200	none	25.3	14.3	2924	95
9.		Leica Q Typ 116	Full Frame	24.0	6000	4000	1080/60p	24.3	12.7	2221	85
10.		Leica Q2	Full Frame	46.7	8368	5584	4K/30p	26.4	13.5	2491	96
11.		Leica V-LUX 5	1-inch	20.0	5472	3648	4K/30p	22.2	12.4	584	65
12.		Olympus E-PL1	Four Thirds	12.2	4032	3024	720/30p	21.5	10.1	487	54
13.		Olympus E-PL3	Four Thirds	12.2	4032	3024	1080/60i	20.9	10.3	499	52
14.		Olympus E-PM1	Four Thirds	12.2	4032	3024	1080/60i	21.0	10.3	499	52
15.		Olympus XZ-2	1/1.7	11.8	3968	2976	1080/30p	20.4	11.3	216	49
16.		Panasonic LX5	1/1.7	10.0	3648	2736	720/60p	19.6	10.8	132	41
17.		Sony A9 II	Full Frame	24.0	6000	4000	4K/30p	25.0	14.0	3434	93
Note: DXO values in italics represent estimates based on sensor size and age.

Many modern cameras are not only capable of taking still images, but can also record movies. Both cameras under consideration are equipped with sensors that have a sufficiently high read-out speed for moving images, but the M-E Typ 240 provides a higher video resolution than the XZ-1. It can shoot video footage at 1080/25p, while the Olympus is limited to 720/30p.

Feature comparison

Apart from body and sensor, cameras can and do differ across a variety of features. For example, the M-E Typ 240 has an optical viewfinder, which can be very useful when shooting in bright sunlight. In contrast, the XZ-1 relies on live view and the rear LCD for framing. That said, the XZ-1 can be equipped with an optional viewfinder – the VF-2. The following table reports on some other key feature differences and similarities of the Leica M-E Typ 240, the Olympus XZ-1, and comparable cameras.

Core Features

		Camera Model	Viewfinder (Type or 000 dots)	Control Panel (yes/no)	LCD Specifications (inch/000 dots)	LCD Attach- ment	Touch Screen (yes/no)	Max Shutter Speed *	Max Shutter Flaps *	Built-in Flash (yes/no)	Built-in Image Stab
1.		Leica M-E Typ 240	optical	n	3.0 / 920	fixed	n	1/4000s	3.0/s	n	n
2.		Olympus XZ-1	optional	n	3.0 / 614	fixed	n	1/2000s	2.0/s	Y	Y
3.		Fujifilm GFX 50R	3690	n	3.2 / 2360	tilting	Y	1/4000s	3.0/s	n	n
4.		Leica M Typ 240	optical	n	3.0 / 920	fixed	n	1/4000s	3.0/s	n	n
5.		Leica M Typ 262	optical	n	3.0 / 921	fixed	n	1/4000s	3.0/s	n	n
6.		Leica M10	optical	n	3.0 / 1037	fixed	n	1/4000s	5.0/s	n	n
7.		Leica M10-P	optical	n	3.0 / 1037	fixed	Y	1/4000s	5.0/s	n	n
8.		Leica M10-R	optical	n	3.0 / 1037	fixed	Y	1/4000s	4.5/s	n	n
9.		Leica Q Typ 116	3680	n	3.0 / 1040	fixed	Y	1/2000s	10.0/s	n	Y
10.		Leica Q2	3680	n	3.0 / 1040	fixed	Y	1/2000s	10.0/s	n	Y
11.		Leica V-LUX 5	2360	n	3.0 / 1240	swivel	Y	1/4000s	12.0/s	Y	Y
12.		Olympus E-PL1	optional	n	2.7 / 230	fixed	n	1/2000s	3.0/s	Y	Y
13.		Olympus E-PL3	optional	n	3.0 / 460	tilting	n	1/4000s	5.5/s	n	Y
14.		Olympus E-PM1	optional	n	3.0 / 460	fixed	n	1/4000s	5.5/s	n	Y
15.		Olympus XZ-2	optional	n	3.0 / 920	tilting	Y	1/2000s	5.0/s	Y	Y
16.		Panasonic LX5	optional	n	3.0 / 460	fixed	n	1/4000s	2.5/s	Y	Y
17.		Sony A9 II	3686	n	3.0 / 1440	tilting	Y	1/8000s	20.0/s	n	Y
Note: *) Information refers to the mechanical shutter, unless the camera only has an electronic one.

One difference between the cameras concerns the presence of an on-board flash. The XZ-1 has one, while the M-E Typ 240 does not. While the built-in flash of the XZ-1 is not very powerful, it can at times be useful as a fill-in light.

The Olympus XZ-1 has an intervalometer built-in. This enables the photographer to capture time lapse sequences, such as flower blooming, a sunset or moon rise, without purchasing an external camera trigger and related software.

Concerning the storage of imaging data, both the M-E Typ 240 and the XZ-1 write their files to SDXC cards. The M-E Typ 240 supports UHS-I cards (Ultra High Speed data transfer of up to 104 MB/s), while the XZ-1 cannot take advantage of Ultra High Speed SD cards.

Connectivity comparison

For some imaging applications, the extent to which a camera can communicate with its environment can be an important aspect in the camera decision process. The table below provides an overview of the connectivity of the Leica M-E (Typ 240) and Olympus XZ-1 and, in particular, the interfaces the cameras (and selected comparators) provide for accessory control and data transfer.

Input-Output Connections

		Camera Model	Hotshoe Port	Internal Mic / Speaker	Microphone Port	Headphone Port	HDMI Port	USB Port	WiFi Support	NFC Support	Bluetooth Support
1.		Leica M-E Typ 240	Y	mono / -	-	-	-	2.0	-	-	-
2.		Olympus XZ-1	Y	mono / -	-	-	mini	2.0	-	-	-
3.		Fujifilm GFX 50R	Y	stereo / mono	Y	Y	micro	3.0	Y	-	Y
4.		Leica M Typ 240	Y	stereo / mono	-	-	-	2.0	-	-	-
5.		Leica M Typ 262	Y	- / -	-	-	-	2.0	-	-	-
6.		Leica M10	Y	- / -	-	-	-	-	Y	-	-
7.		Leica M10-P	Y	- / -	-	-	-	-	Y	-	-
8.		Leica M10-R	Y	- / -	-	-	-	-	Y	-	-
9.		Leica Q Typ 116	Y	stereo / mono	-	-	micro	2.0	Y	Y	-
10.		Leica Q2	Y	stereo / mono	-	-	-	-	Y	-	Y
11.		Leica V-LUX 5	Y	stereo / mono	-	-	micro	2.0	Y	-	Y
12.		Olympus E-PL1	Y	stereo / -	-	-	mini	2.0	-	-	-
13.		Olympus E-PL3	Y	stereo / -	-	-	mini	2.0	-	-	-
14.		Olympus E-PM1	Y	stereo / mono	-	-	mini	2.0	-	-	-
15.		Olympus XZ-2	Y	stereo / mono	-	-	mini	2.0	-	-	-
16.		Panasonic LX5	Y	mono / mono	-	-	mini	2.0	-	-	-
17.		Sony A9 II	Y	stereo / mono	Y	Y	micro	3.1	Y	Y	Y

Both the M-E Typ 240 and the XZ-1 have been discontinued, but can regularly be found used on ebay. The XZ-1 was replaced by the Olympus XZ-2, while the M-E Typ 240 does not have a direct successor. Further information on the two cameras (e.g. user guides, manuals), as well as related accessories, can be found on the official Leica and Olympus websites.

Review summary

So what is the bottom line? Is the Leica M-E Typ 240 better than the Olympus XZ-1 or vice versa? The listing below highlights the relative strengths of the two models.

Reasons to prefer the Leica M-E (Typ 240):

• More detail: Offers more megapixels (23.7 vs 10.1MP) with a 56% higher linear resolution.
• Better image quality: Features a larger and more technologically advanced imaging sensor.
• Richer colors: The sensor size advantage translates into images with better, more accurate colors.
• More dynamic range: Larger sensor captures a wider spectrum of light and dark details.
• Better low-light sensitivity: Larger sensor produces good images even in poorly lit environments.
• Better video: Provides higher definition movie capture (1080/25p vs 720/30p).
• Easier framing: Has an optical viewfinder for image composition and settings control.
• More detailed LCD: Has a higher resolution rear screen (920k vs 614k dots).
• Faster shutter: Has higher mechanical shutter speed (1/4000s vs 1/2000s) to freeze action.
• Faster burst: Shoots at higher frequency (3 vs 2 flaps/sec) to capture the decisive moment.
• More flexible: Accepts interchangeable lenses, so that lens characteristics can be altered.
• Longer lasting: Can take more shots (500 versus 320) on a single battery charge.
• Better sealing: Is weather sealed to enable shooting in dusty or wet environments.
• Faster buffer clearing: Has an SD card interface that supports the UHS-I standard.
• More prestigious: Has the Leica luxury appeal, which ensures a high resale price.
• More modern: Reflects 8 years and 5 months of technical progress since the XZ-1 launch.

Arguments in favor of the Olympus XZ-1:

• Easier time-lapse photography: Has an intervalometer built-in for low frequency shooting.
• Ready to shoot: Has an integrated lens, whereas the M-E Typ 240 necessitates an extra lens.
• More compact: Is smaller (111x65mm vs 139x80mm) and will fit more readily into a bag.
• Less heavy: Has a lower weight even though it has a lens built in (unlike the M-E Typ 240).
• Sharper images: Has stabilization technology built-in to reduce the impact of hand-shake.
• Easier fill-in: Has a small integrated flash to brighten shadows of backlit subjects.
• More affordable: Was introduced at a lower price, despite coming with a built-in lens.
• More heavily discounted: Has been around for much longer (launched in January 2011).

If the count of relative strengths (bullet points above) is taken as a measure, the M-E Typ 240 is the clear winner of the match-up (16 : 8 points). However, the pertinence of the various camera strengths will differ across photographers, so that you might want to weigh individual camera traits according to their importance for your own imaging needs before making a camera decision. A professional wedding photographer will view the differences between cameras in a way that diverges from the perspective of a travel photog, and a person interested in cityscapes has distinct needs from a macro shooter. Hence, the decision which camera is best and worth buying is often a very personal one.

In any case, while the specs-based evaluation of cameras can be instructive in revealing their potential as photographic tools, it remains partial and cannot reveal, for example, the shooting experience and imaging performance when actually working with the M-E Typ 240 or the XZ-1. User reviews that are available, for instance, at amazon can sometimes shed light on these issues, but such feedback is all too often partial, inconsistent, and inaccurate.

Expert reviews

This is why hands-on reviews by experts are important. The following table reports the overall ratings of the cameras as published by some of the major camera review sites (amateurphotographer [AP], cameralabs [CL], digitalcameraworld [DCW], dpreview [DPR], ephotozine [EPZ], photographyblog [PB]). As can be seen, the professional reviewers agree in many cases on the quality of different cameras, but sometimes their assessments diverge, reinforcing the earlier point that a camera decision is often a very personal choice.

Expert Camera Reviews

		Camera   Model	AP   score	CL   score	DCW   score	DPR   score	EPZ   score	PB   score	Camera Launch	Launch Price	Street Price
1.		Leica M-E Typ 240	..	..	..	..	..	..	Jun 2019	EUR 3 949	ebay.com
2.		Olympus XZ-1	4/5	..	..	74/100	4.5/5	4.5/5	Jan 2011	EUR 480	ebay.com
3.		Fujifilm GFX 50R	5/5	..	5/5	84/100	4.5/5	4.5/5	Sep 2018	EUR 4 499	ebay.com
4.		Leica M Typ 240	4/5	..	..	..	4/5	..	Sep 2012	EUR 6 199	ebay.com
5.		Leica M Typ 262	..	..	..	..	..	..	Nov 2015	EUR 5 499	ebay.com
6.		Leica M10	4.5/5	..	..	..	4/5	4.5/5	Jan 2017	EUR 6 499	ebay.com
7.		Leica M10-P	..	..	3/5	..	..	4/5	Aug 2018	EUR 7 499	ebay.com
8.		Leica M10-R	4.5/5	..	4/5	..	..	4/5	Jul 2020	EUR 7 999	ebay.com
9.		Leica Q Typ 116	5/5	..	..	80/100	4.5/5	4.5/5	Jun 2015	EUR 3 999	ebay.com
10.		Leica Q2	..	..	4.5/5	84/100	4.5/5	4/5	Mar 2019	EUR 4 799	amazon.com
11.		Leica V-LUX 5	..	..	..	..	4/5	4/5	Jul 2019	EUR 1 199	amazon.com
12.		Olympus E-PL1	..	86/100	..	69/100	4/5	4.5/5	Feb 2010	EUR 599	ebay.com
13.		Olympus E-PL3	3/5	+ +	..	72/100	4.5/5	4/5	Jun 2011	EUR 549	ebay.com
14.		Olympus E-PM1	..	86/100	..	71/100	4.5/5	4.5/5	Jun 2011	EUR 449	ebay.com
15.		Olympus XZ-2	4/5	+	..	..	4.5/5	4.5/5	Sep 2012	EUR 599	ebay.com
16.		Panasonic LX5	4/5	+	..	73/100	4.5/5	4.5/5	Jul 2010	EUR 529	ebay.com
17.		Sony A9 II	..	..	5/5	90/100	5/5	5/5	Oct 2019	EUR 5 399	amazon.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

The review scores listed above should be treated with care, though. The ratings were established in reference to similarly priced cameras that were available in the market at the time of the review. Thus, a score needs to be put into the context of the launch date and the launch price of the camera, and comparisons of ratings among very different cameras or across long time periods have little meaning. It should also be noted that some of the review sites have over time altered the way they render their verdicts.

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Other camera comparisons

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