Leica M11 vs Olympus E-M5 III

The Leica M11 (Typ 2416) and the Olympus OM-D E-M5 Mark III are two enthusiast cameras that were officially introduced, respectively, in January 2022 and October 2019. The M11 is a rangefinder-focusing mirrorless, while the E-M5 III is a mirrorless interchangeable lens camera. The cameras are based on a full frame (M11) and a Four Thirds (E-M5 III) sensor. The Leica has a resolution of 60.3 megapixels, whereas the Olympus provides 20.2 MP.

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

Headline Specifications

Leica M11		Olympus E-M5 III
Rangefinder camera		Mirrorless system camera
Leica M mount lenses		Micro Four Thirds lenses
60.3 MP – Full Frame sensor		20.2 MP – Four Thirds sensor
no Video		4K/30p Video
ISO 64-50,000		ISO 200-25,600
Optical viewfinder		Electronic viewfinder (2360k dots)
3.0" LCD – 2333k dots		3.0" LCD – 1040k dots
Fixed touchscreen		Swivel touchscreen
4.5 shutter flaps per second		10 shutter flaps per second
no shake reduction		In-body stabilization
Weathersealed body		Weathersealed body
700 shots per battery charge		310 shots per battery charge
139 x 80 x 39 mm, 640 g		125 x 85 x 50 mm, 414 g

Check M11 price at
amazon.com
Check E-M5 III offers at
ebay.com

Going beyond this snapshot of core features and characteristics, what are the differences between the Leica M11 (Typ 2416) and the Olympus OM-D E-M5 Mark III? 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

An illustration of the physical size and weight of the Leica M11 and the Olympus E-M5 III is provided in the side-by-side display below. The two cameras are presented according to their relative size. Three consecutive views from the front, the top, and the rear side are shown. All width, height and depth measures are rounded to the nearest millimeter.

Both cameras are available in two different colors (black, silver).

If the front view area (width x height) of the cameras is taken as an aggregate measure of their size, the Olympus E-M5 III is somewhat smaller (4 percent) than the Leica M11. Moreover, the E-M5 III is substantially lighter (35 percent) than the M11. In this context, it is worth noting that both cameras are splash and dust-proof and can, hence, be used in inclement weather conditions or harsh environments.

The above size and weight comparisons are to some extent incomplete since they do not consider the interchangeable lenses that both of these cameras require. A larger imaging sensor will tend to go along with bigger and heavier lenses, although exceptions exist. You can compare the optics available for the two cameras in the Leica M Lens Catalog (M11) and the Micro Four Thirds Lens Catalog (E-M5 III).

Concerning battery life, the M11 gets 700 shots out of its Leica BP-SCL7 battery, while the E-M5 III can take 310 images on a single charge of its Olympus BLS-50 power pack. The battery packs of both cameras can be charged via USB, which can be very convenient when travelling.

The table below summarizes the key physical specs of the two cameras alongside a broader set of comparators. If you would like to visualize and compare a different camera combination, you can navigate to the CAM-parator app and make your selection from a broad list of cameras there.

Body Specifications

		Camera Model	Camera Width	Camera Height	Camera Depth	Camera Weight	Battery Life	Weather Sealing	Camera Launch	Launch Price (USD)	Street Price
1.		Leica M11	139 mm	80 mm	39 mm	640 g	700	Y	Jan 2022	8,995	amazon.com
2.		Olympus E-M5 III	125 mm	85 mm	50 mm	414 g	310	Y	Oct 2019	1,199	ebay.com
3.		Leica M Typ 240	139 mm	80 mm	42 mm	680 g	500	Y	Sep 2012	6,950	ebay.com
4.		Leica M-E Typ 240	139 mm	80 mm	42 mm	680 g	500	Y	Jun 2019	3,999	ebay.com
5.		Leica M Typ 262	139 mm	80 mm	42 mm	680 g	400	Y	Nov 2015	5,195	ebay.com
6.		Leica M9	139 mm	80 mm	37 mm	585 g	550	n	Sep 2009	7,999	ebay.com
7.		Leica M10	139 mm	80 mm	39 mm	660 g	210	Y	Jan 2017	6,595	ebay.com
8.		Leica M10-P	139 mm	80 mm	39 mm	660 g	210	Y	Aug 2018	7,995	ebay.com
9.		Leica M10-R	139 mm	80 mm	39 mm	660 g	210	Y	Jul 2020	8,295	ebay.com
10.		Leica Q2	130 mm	80 mm	92 mm	718 g	370	Y	Mar 2019	4,995	amazon.com
11.		Leica Q3	130 mm	80 mm	93 mm	743 g	350	Y	May 2023	5,995	amazon.com
12.		Leica SL	147 mm	104 mm	39 mm	847 g	400	Y	Oct 2015	7,450	ebay.com
13.		Olympus E-M1	130 mm	94 mm	63 mm	497 g	350	Y	Sep 2013	1,399	ebay.com
14.		Olympus E-M5	122 mm	89 mm	43 mm	425 g	360	Y	Feb 2012	1,299	ebay.com
15.		Olympus E-M5 II	124 mm	85 mm	45 mm	469 g	310	Y	Feb 2015	1,099	ebay.com
16.		Olympus PEN-F	125 mm	72 mm	37 mm	427 g	330	n	Jan 2016	1,199	ebay.com
17.		Panasonic GX8	133 mm	78 mm	63 mm	487 g	330	Y	Jul 2015	1,199	ebay.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 E-M5 III was launched at a markedly lower price (by 87 percent) than the M11, which puts it into a different market segment. Normally, street prices remain initially close to the MSRP, but after a couple of months, the first discounts appear. 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. Then, after the new model is out, very good deals can frequently be found on the pre-owned market.

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. All other things equal, a large sensor will have larger individual pixel-units that offer better low-light sensitivity, wider dynamic range, and richer color-depth than smaller pixels in a sensor of the same technological generation. Further, a large sensor camera will give the photographer additional creative options when using shallow depth-of-field to isolate a subject from its background. On the downside, larger sensors tend to be more expensive and lead to bigger and heavier cameras and lenses.

Of the two cameras under consideration, the Leica M11 features a full frame sensor and the Olympus E-M5 III a Four Thirds sensor. The sensor area in the E-M5 III is 74 percent smaller. As a result of these sensor size differences, the cameras have a format factor of, respectively, 1.0 and 2.0. The sensor in the M11 has a native 3:2 aspect ratio, while the one in the E-M5 III offers a 4:3 aspect.

With 60.3MP, the M11 offers a higher resolution than the E-M5 III (20.2MP), but the M11 nevertheless has larger individual pixels (pixel pitch of 3.79μm versus 3.34μm for the E-M5 III) due to its larger sensor. Moreover, the M11 is a much more recent model (by 2 years and 2 months) than the E-M5 III, and its sensor will have benefitted from technological advances during this time that further enhance the light gathering capacity of its pixels. Coming back to sensor resolution, it should be mentioned that neither of the two cameras has an anti-alias filter installed, so they are able to capture all the detail the sensor resolves.

The resolution advantage of the Leica M11 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the M11 for good quality output (200 dots per inch) amounts to 47.6 x 31.6 inches or 121 x 80.4 cm, for very good quality (250 dpi) 38.1 x 25.3 inches or 96.8 x 64.3 cm, and for excellent quality (300 dpi) 31.8 x 21.1 inches or 80.7 x 53.6 cm. The corresponding values for the Olympus E-M5 III are 25.9 x 19.4 inches or 65.8 x 49.4 cm for good quality, 20.7 x 15.6 inches or 52.7 x 39.5 cm for very good quality, and 17.3 x 13 inches or 43.9 x 32.9 cm for excellent quality prints.

The E-M5 III has on-sensor phase detect pixels, which results in fast and reliable autofocus acquisition even during live view operation.

Unlike the M11, the E-M5 III has the capacity to capture high quality composite images (80MP) by combining multiple shots after shifting its sensor by miniscule distances. This multi-shot, pixel-shift mode is most suitable for photography of stationary objects (landscapes, studio scenes).

The Leica M11 (Typ 2416) has a native sensitivity range from ISO 64 to ISO 50000. The corresponding ISO settings for the Olympus OM-D E-M5 Mark III are ISO 200 to ISO 25600, with the possibility to increase the ISO range to 64-25600.

In terms of underlying technology, the M11 is build around a BSI-CMOS sensor, while the E-M5 III uses a CMOS 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.

For many cameras, data on sensor performance has been reported by DXO Mark. 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 M11	Full Frame	60.3	9528	6328	none	26.3	14.8	3376	100
2.		Olympus E-M5 III	Four Thirds	20.2	5184	3888	4K/30p	23.3	13.1	1324	76
3.		Leica M Typ 240	Full Frame	23.7	5952	3976	1080/25p	24.0	13.3	1860	84
4.		Leica M-E Typ 240	Full Frame	23.7	5952	3976	1080/25p	25.2	14.2	2821	94
5.		Leica M Typ 262	Full Frame	23.7	5952	3976	none	24.8	13.7	2478	90
6.		Leica M9	Full Frame	18.1	5212	3472	none	22.5	11.7	884	69
7.		Leica M10	Full Frame	23.8	5952	3992	none	24.4	13.2	2133	86
8.		Leica M10-P	Full Frame	23.8	5952	3992	none	25.1	14.1	2739	93
9.		Leica M10-R	Full Frame	40.9	7864	5200	none	25.3	14.3	2924	95
10.		Leica Q2	Full Frame	46.7	8368	5584	4K/30p	26.4	13.5	2491	96
11.		Leica Q3	Full Frame	60.3	9528	6328	8K/30p	25.4	14.7	3216	96
12.		Leica SL	Full Frame	24.0	6000	4000	4K/30p	25.0	13.4	1821	88
13.		Olympus E-M1	Four Thirds	15.9	4608	3456	1080/30p	23.0	12.7	757	73
14.		Olympus E-M5	Four Thirds	15.9	4608	3456	1080/60i	22.8	12.3	826	71
15.		Olympus E-M5 II	Four Thirds	15.9	4608	3456	1080/60p	23.0	12.5	842	73
16.		Olympus PEN-F	Four Thirds	20.2	5184	3888	1080/60p	23.1	12.4	894	74
17.		Panasonic GX8	Four Thirds	20.2	5184	3888	4K/30p	23.5	12.6	806	75
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 also of capturing video footage. The E-M5 III indeed provides for movie recording, while the M11 does not. The highest resolution format that the E-M5 III can use is 4K/30p.

Feature comparison

Apart from body and sensor, cameras can and do differ across a range of features. For example, the E-M5 III has an electronic viewfinder (2360k dots), while the M11 has an optical one. Both systems have their advantages, with the electronic viewfinder making it possible to project supplementary shooting information into the framing view, whereas the optical viewfinder offers lag-free viewing and a very clear framing image. The viewfinders of both cameras offer the same field of view (100%), but the viewfinder of the M11 has a higher magnification than the one of the E-M5 III (0.73x vs 0.68x), so that the size of the image transmitted appears closer to the size seen with the naked human eye. The table below summarizes some of the other core capabilities of the Leica M11 and Olympus E-M5 III in connection with corresponding information for a sample of similar 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 M11	optical	n	3.0 / 2333	fixed	Y	1/4000s	4.5/s	n	n
2.		Olympus E-M5 III	2360	n	3.0 / 1040	swivel	Y	1/8000s	10.0/s	n	Y
3.		Leica M Typ 240	optical	n	3.0 / 920	fixed	n	1/4000s	3.0/s	n	n
4.		Leica M-E 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 M9	optical	n	2.5 / 230	fixed	n	1/4000s	2.0/s	n	n
7.		Leica M10	optical	n	3.0 / 1037	fixed	n	1/4000s	5.0/s	n	n
8.		Leica M10-P	optical	n	3.0 / 1037	fixed	Y	1/4000s	5.0/s	n	n
9.		Leica M10-R	optical	n	3.0 / 1037	fixed	Y	1/4000s	4.5/s	n	n
10.		Leica Q2	3680	n	3.0 / 1040	fixed	Y	1/2000s	10.0/s	n	Y
11.		Leica Q3	5760	n	3.0 / 1840	tilting	Y	1/2000s	15.0/s	n	Y
12.		Leica SL	4400	Y	3.0 / 1040	fixed	Y	1/8000s	11.0/s	n	n
13.		Olympus E-M1	2360	n	3.0 / 1037	tilting	Y	1/8000s	10.0/s	n	Y
14.		Olympus E-M5	1440	n	3.0 / 610	tilting	Y	1/4000s	9.0/s	n	Y
15.		Olympus E-M5 II	2360	n	3.0 / 1037	swivel	Y	1/8000s	10.0/s	n	Y
16.		Olympus PEN-F	2360	n	3.0 / 1037	swivel	Y	1/8000s	10.0/s	n	Y
17.		Panasonic GX8	2360	n	3.0 / 1040	swivel	Y	1/8000s	10.0/s	n	Y
Note: *) Information refers to the mechanical shutter, unless the camera only has an electronic one.

The reported shutter speed information refers to the use of the mechanical shutter. Yet, some cameras only have an electronic shutter, while others have an electronic shutter in addition to a mechanical one. In fact, both cameras under consideration feature an electronic shutter, which makes completely silent shooting possible. However, this mode is less suitable for photographing moving objects (risk of rolling shutter) or shooting under artificial light sources (risk of flickering).

The Leica M11 and the Olympus E-M5 III both have 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 M11 and the E-M5 III write their files to SDXC cards. Both cameras support UHS-II cards, which provide for Ultra High Speed data transfer of up to 312 MB/s.

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 M11 (Typ 2416) and Olympus OM-D E-M5 Mark III 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 M11	Y	- / -	-	-	-	3.2	Y	-	Y
2.		Olympus E-M5 III	Y	stereo / mono	Y	-	micro	2.0	Y	-	Y
3.		Leica M Typ 240	Y	stereo / mono	-	-	-	2.0	-	-	-
4.		Leica M-E Typ 240	Y	mono / -	-	-	-	2.0	-	-	-
5.		Leica M Typ 262	Y	- / -	-	-	-	2.0	-	-	-
6.		Leica M9	Y	- / -	-	-	-	2.0	-	-	-
7.		Leica M10	Y	- / -	-	-	-	-	Y	-	-
8.		Leica M10-P	Y	- / -	-	-	-	-	Y	-	-
9.		Leica M10-R	Y	- / -	-	-	-	-	Y	-	-
10.		Leica Q2	Y	stereo / mono	-	-	-	-	Y	-	Y
11.		Leica Q3	Y	stereo / mono	-	-	micro	3.1	Y	-	Y
12.		Leica SL	Y	stereo / mono	Y	Y	full	3.0	Y	-	-
13.		Olympus E-M1	Y	stereo / mono	Y	-	micro	2.0	Y	-	-
14.		Olympus E-M5	Y	stereo / mono	-	-	mini	2.0	-	-	-
15.		Olympus E-M5 II	Y	stereo / mono	Y	-	micro	2.0	Y	-	-
16.		Olympus PEN-F	Y	stereo / mono	-	-	micro	2.0	Y	-	-
17.		Panasonic GX8	Y	stereo / mono	Y	-	micro	2.0	Y	Y	-

The M11 is a recent model that features in the current product line-up of Leica. In contrast, the E-M5 III has been discontinued (but can be found pre-owned on ebay). As a replacement in the same line of cameras, the E-M5 III was succeeded by the OM System OM-5. Further information on the features and operation of the M11 and E-M5 III can be found, respectively, in the Leica M11 Manual (free pdf) or the online Olympus E-M5 III Manual.

Review summary

So what is the bottom line? Which of the two cameras – the Leica M11 or the Olympus E-M5 III – has the upper hand? Is one clearly better than the other? A synthesis of the relative strong points of each of the models is listed below.

Reasons to prefer the Leica M11 (Typ 2416):

• More detail: Offers more megapixels (60.3 vs 20.2MP) with a 77% 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.
• Brighter framing: Features an optical viewfinder for clear, lag-free composition.
• Larger viewfinder image: Features a viewfinder with a higher magnification (0.73x vs 0.68x).
• More detailed LCD: Has a higher resolution rear screen (2333k vs 1040k dots).
• Longer lasting: Can take more shots (700 versus 310) on a single battery charge.
• Faster data transfer: Supports a more advanced USB protocol (3.2 vs 2.0).
• More prestigious: Has the Leica luxury appeal, which ensures a high resale price.
• More modern: Reflects 2 years and 2 months of technical progress since the E-M5 III launch.

Advantages of the Olympus OM-D E-M5 Mark III:

• High quality composites: Can combine several shots after pixel-shifting its sensor.
• Broader imaging potential: Can capture not only stills but also 4K/30p video.
• Better live-view autofocus: Features on-sensor phase-detection for more confident autofocus.
• More framing info: Has an electronic viewfinder that displays shooting data.
• More flexible LCD: Has a swivel screen for odd-angle shots in portrait or landscape orientation.
• More selfie-friendly: Has an articulated screen that can be turned to be front-facing.
• Faster shutter: Has higher mechanical shutter speed (1/8000s vs 1/4000s) to freeze action.
• Faster burst: Shoots at higher frequency (10 vs 4.5 flaps/sec) to capture the decisive moment.
• Less heavy: Has a lower weight (by 226g or 35 percent) and is thus easier to take along.
• Sharper images: Has stabilization technology built-in to reduce the impact of hand-shake.
• More affordable: Was introduced into a lower priced category (87 percent cheaper at launch).
• More heavily discounted: Has been around for much longer (launched in October 2019).

If the count of relative strengths (bullet points above) is taken as a measure, the match-up finishes in a tie (12 points each). However, the relevance of individual strengths will vary across photographers, so that you might want to apply your own weighing scheme to the summary points when reflecting and deciding on a new camera. 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 comparison of the spec-sheets of cameras can offer a general idea of their imaging potential, it says little about, for example, the shooting experience and imaging performance of the M11 and the E-M5 III in practical situations. At times, user reviews, such as those published at amazon, address these issues in a useful manner, but such feedback is on many occasions incomplete, inconsistent, and unreliable.

Expert reviews

This is why expert reviews are important. The table below provides a synthesis of the camera assessments of some of the best known photo-gear 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 (USD)	Street Price
1.		Leica M11	4.5/5	..	4.5/5	..	4.5/5	4.5/5	Jan 2022	8,995	amazon.com
2.		Olympus E-M5 III	5/5	+	5/5	82/100	4.5/5	4.5/5	Oct 2019	1,199	ebay.com
3.		Leica M Typ 240	4/5	..	..	..	4/5	..	Sep 2012	6,950	ebay.com
4.		Leica M-E Typ 240	..	..	..	..	..	..	Jun 2019	3,999	ebay.com
5.		Leica M Typ 262	..	..	..	..	..	..	Nov 2015	5,195	ebay.com
6.		Leica M9	..	..	..	..	4.5/5	..	Sep 2009	7,999	ebay.com
7.		Leica M10	4.5/5	..	..	..	4/5	4.5/5	Jan 2017	6,595	ebay.com
8.		Leica M10-P	..	..	3/5	..	..	4/5	Aug 2018	7,995	ebay.com
9.		Leica M10-R	4.5/5	..	4/5	..	..	4/5	Jul 2020	8,295	ebay.com
10.		Leica Q2	..	..	4.5/5	84/100	4.5/5	4/5	Mar 2019	4,995	amazon.com
11.		Leica Q3	5/5	..	4.5/5	..	..	4.5/5	May 2023	5,995	amazon.com
12.		Leica SL	4/5	..	4/5	84/100	4.5/5	4/5	Oct 2015	7,450	ebay.com
13.		Olympus E-M1	5/5	+ +	..	84/100	4.5/5	4.5/5	Sep 2013	1,399	ebay.com
14.		Olympus E-M5	4/5	+ +	..	80/100	4.5/5	5/5	Feb 2012	1,299	ebay.com
15.		Olympus E-M5 II	5/5	+ +	4.5/5	81/100	5/5	5/5	Feb 2015	1,099	ebay.com
16.		Olympus PEN-F	..	..	4/5	82/100	4.5/5	5/5	Jan 2016	1,199	ebay.com
17.		Panasonic GX8	5/5	+	..	82/100	4.5/5	4.5/5	Jul 2015	1,199	ebay.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

Care should be taken when interpreting the review scores above, 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 rating-comparisons among cameras that span long time periods or concern very differently equipped models make little sense. Also, please note that some of the review sites have changed their methodology and reporting over time.

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Other camera comparisons

Did this review help to inform your camera decision process? In case you are interested in seeing how other cameras pair up, just make your choice using the following search menu. As an alternative, you can also directly jump to any one of the listed comparisons that were previously generated by the CAM-parator tool.

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