Leica M9 vs Panasonic FZ150

The Leica M9 and the Panasonic Lumix DMC-FZ150 are two digital cameras that were officially introduced, respectively, in September 2009 and August 2011. The M9 is a rangefinder-focusing mirrorless camera, while the FZ150 is a fixed lens compact. The cameras are based on a full frame (M9) and a 1/2.3-inch (FZ150) sensor. The Leica has a resolution of 18.1 megapixels, whereas the Panasonic provides 12 MP.

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

Headline Specifications

Leica M9		Panasonic FZ150
Rangefinder camera		Fixed lens compact camera
Leica M mount lenses		25-600mm f/2.8-5.2
18.1 MP – Full Frame sensor		12 MP – 1/2.3" sensor
no Video		1080/60p Video
ISO 80-2,500		ISO 100-3,200 (100 - 6,400)
Optical viewfinder		Electronic viewfinder (202k dots)
2.5" LCD – 230k dots		3.0" LCD – 460k dots
Fixed screen (not touch-sensitive)		Swivel screen (not touch-sensitive)
2 shutter flaps per second		12 shutter flaps per second
550 shots per battery charge		410 shots per battery charge
139 x 80 x 37 mm, 585 g		124 x 82 x 92 mm, 528 g

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Going beyond this snapshot of core features and characteristics, what are the differences between the Leica M9 and the Panasonic Lumix DMC-FZ150? 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 physical size and weight of the Leica M9 and the Panasonic FZ150 are illustrated in the side-by-side display below. The two cameras are presented according to their relative size. Three consecutive perspectives from the front, the top, and the back are available. All width, height and depth dimensions are rounded to the nearest millimeter.

The M9 can be obtained in two different colors (black, silver), while the FZ150 is only available in black.

If the front view area (width x height) of the cameras is taken as an aggregate measure of their size, the Panasonic FZ150 is notably smaller (9 percent) than the Leica M9. In this context, it is worth noting that neither the M9 nor the FZ150 are weather-sealed.

The above size and weight comparisons are to some extent incomplete and possibly misleading, as the FZ150 has a lens built in, whereas the M9 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 M9 and their specifications in the Leica M Lens Catalog.

Concerning battery life, the M9 gets 550 shots out of its Leica BLI-312 battery, while the FZ150 can take 410 images on a single charge of its Panasonic DMW-BMB9 power pack.

The following table provides a synthesis of the main physical specifications of the two cameras and other similar ones. In case you want to display and compare another camera duo, you can use the CAM-parator app to select your camera combination among a large number of options.

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 M9	139 mm	80 mm	37 mm	585 g	550	n	Sep 2009	7,999	ebay.com
2.		Panasonic FZ150	124 mm	82 mm	92 mm	528 g	410	n	Aug 2011	499	ebay.com
3.		Canon SX50	123 mm	87 mm	106 mm	595 g	315	n	Sep 2012	429	ebay.com
4.		Canon SX40	123 mm	92 mm	108 mm	600 g	380	n	Sep 2011	429	ebay.com
5.		Canon T2i	129 mm	98 mm	62 mm	530 g	440	n	Feb 2010	699	ebay.com
6.		Canon T1i	129 mm	98 mm	62 mm	520 g	400	n	Mar 2009	799	ebay.com
7.		Leica M11	139 mm	80 mm	39 mm	640 g	700	Y	Jan 2022	8,995	amazon.com
8.		Leica M10-R	139 mm	80 mm	39 mm	660 g	210	Y	Jul 2020	8,295	ebay.com
9.		Leica M10-P	139 mm	80 mm	39 mm	660 g	210	Y	Aug 2018	7,995	ebay.com
10.		Leica M10	139 mm	80 mm	39 mm	660 g	210	Y	Jan 2017	6,595	ebay.com
11.		Leica X Typ 113	133 mm	73 mm	78 mm	486 g	350	n	Sep 2014	2,295	ebay.com
12.		Leica X Vario	133 mm	73 mm	95 mm	680 g	450	n	Jun 2013	2,850	ebay.com
13.		Leica M Typ 240	139 mm	80 mm	42 mm	680 g	500	Y	Sep 2012	6,950	ebay.com
14.		Leica M8	139 mm	80 mm	37 mm	591 g	550	n	Sep 2006	5,499	ebay.com
15.		Panasonic FZ200	125 mm	87 mm	110 mm	588 g	540	n	Jul 2012	599	ebay.com
16.		Panasonic FZ100	124 mm	82 mm	92 mm	540 g	410	n	Jul 2010	499	ebay.com
17.		Panasonic LX5	110 mm	65 mm	43 mm	271 g	400	n	Jul 2010	499	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

The price is, of course, an important factor in any camera decision. The manufacturer’s suggested retail prices give an idea on the placement of the camera in the maker’s lineup and the broader market. The FZ150 was launched at a lower price than the M9, 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. Then, after the new model is out, very good deals can frequently be found on the pre-owned market.

Sensor comparison

The size of the imaging sensor is a crucial determinant of image quality. A large sensor will generally have larger individual pixels that offer better low-light sensitivity, provide wider dynamic range, and have richer color-depth than smaller pixels in a sensor of the same technological generation. Furthermore, a large sensor camera will give the photographer more possibilities to use shallow depth-of-field in order to 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 M9 features a full frame sensor and the Panasonic FZ150 a 1/2.3-inch sensor. The sensor area in the FZ150 is 97 percent smaller. As a result of these sensor size differences, the cameras have a format factor of, respectively, 1.0 and 5.6. The sensor in the M9 has a native 3:2 aspect ratio, while the one in the FZ150 offers a 4:3 aspect.

With 18.1MP, the M9 offers a higher resolution than the FZ150 (12MP), but the M9 nevertheless has larger individual pixels (pixel pitch of 6.91μm versus 1.53μm for the FZ150) due to its larger sensor. However, the FZ150 is a somewhat more recent model (by 1 year and 11 months) than the M9, and its sensor might have benefitted from technological advances during this time that 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 M9 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the M9 for good quality output (200 dots per inch) amounts to 26.1 x 17.4 inches or 66.2 x 44.1 cm, for very good quality (250 dpi) 20.8 x 13.9 inches or 53 x 35.3 cm, and for excellent quality (300 dpi) 17.4 x 11.6 inches or 44.1 x 29.4 cm. The corresponding values for the Panasonic FZ150 are 20 x 15 inches or 50.8 x 38.1 cm for good quality, 16 x 12 inches or 40.6 x 30.5 cm for very good quality, and 13.3 x 10 inches or 33.9 x 25.4 cm for excellent quality prints.

The Leica M9 has a native sensitivity range from ISO 80 to ISO 2500. The corresponding ISO settings for the Panasonic Lumix DMC-FZ150 are ISO 100 to ISO 3200, with the possibility to increase the ISO range to 100-6400.

In terms of underlying technology, the M9 is build around a CCD sensor, while the FZ150 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.

Consistent information on actual sensor performance is available from DXO Mark for many cameras. This service determines an overall sensor rating, as well as sub-scores for low-light sensitivity ("DXO Sports"), dynamic range ("DXO Landscape"), and color depth ("DXO Portrait"). Of the two cameras under review, the M9 provides substantially higher image quality than the FZ150, with an overall score that is 29 points higher. This advantage is based on 3.1 bits higher color depth, 0.8 EV in additional dynamic range, and 2.7 stops in additional low light sensitivity. The adjacent table reports on the physical sensor characteristics and the outcomes of the DXO sensor quality tests for a sample of comparator-cameras.

Sensor Characteristics

#		Camera Model	Sensor Class	Resolution (MP)	Horiz. Pixels	Vert. Pixels	Video Format	DXO Portrait	DXO Landscape	DXO Sports	DXO Overall
1.		Leica M9	Full Frame	18.1	5212	3472	none	22.5	11.7	884	69
2.		Panasonic FZ150	1/2.3	12.0	4000	3000	1080/60p	19.4	10.9	132	40
3.		Canon SX50	1/2.3	12.0	4000	3000	1080/24p	20.3	11.2	179	47
4.		Canon SX40	1/2.3	12.0	4000	3000	1080/24p	19.6	10.9	409	41
5.		Canon T2i	APS-C	17.9	5184	3456	1080/30p	22.1	11.5	784	66
6.		Canon T1i	APS-C	15.1	4752	3168	1080/20p	21.7	11.5	663	63
7.		Leica M11	Full Frame	60.3	9528	6328	none	26.3	14.8	3376	100
8.		Leica M10-R	Full Frame	40.9	7864	5200	none	25.3	14.3	2924	95
9.		Leica M10-P	Full Frame	23.8	5952	3992	none	25.1	14.1	2739	93
10.		Leica M10	Full Frame	23.8	5952	3992	none	24.4	13.2	2133	86
11.		Leica X Typ 113	APS-C	16.1	4928	3264	1080/30p	23.6	12.8	1491	78
12.		Leica X Vario	APS-C	16.1	4928	3272	1080/30p	23.4	12.7	1320	78
13.		Leica M Typ 240	Full Frame	23.7	5952	3976	1080/25p	24.0	13.3	1860	84
14.		Leica M8	APS-H	10.4	3936	2630	none	21.1	11.3	663	59
15.		Panasonic FZ200	1/2.3	12.0	4000	3000	1080/60p	19.1	10.8	114	37
16.		Panasonic FZ100	1/2.3	14.0	4320	3240	1080/60i	19.4	10.7	306	39
17.		Panasonic LX5	1/1.7	10.0	3648	2736	720/60p	19.6	10.8	132	41
Note: DXO values in italics represent estimates based on sensor size and age.

Many modern cameras cannot only take still pictures, but also record videos. The FZ150 indeed provides for movie recording, while the M9 does not. The highest resolution format that the FZ150 can use is 1080/60p.

Feature comparison

Apart from body and sensor, cameras can and do differ across a variety of features. For example, the FZ150 has an electronic viewfinder (202k dots), while the M9 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 adjacent table lists some of the other core features of the Leica M9 and Panasonic FZ150 along with similar information for a selection of comparators.

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 M9	optical	n	2.5 / 230	fixed	n	1/4000s	2.0/s	n	n
2.		Panasonic FZ150	202	n	3.0 / 460	swivel	n	1/2000s	12.0/s	Y	Y
3.		Canon SX50	202	n	3.0 / 461	swivel	n	1/2000s	2.2/s	Y	Y
4.		Canon SX40	202	n	2.7 / 230	swivel	n	1/3200s	10.3/s	Y	Y
5.		Canon T2i	optical	n	3.0 / 1040	fixed	n	1/4000s	3.7/s	Y	n
6.		Canon T1i	optical	n	3.0 / 920	fixed	n	1/4000s	3.4/s	Y	n
7.		Leica M11	optical	n	3.0 / 2333	fixed	Y	1/4000s	4.5/s	n	n
8.		Leica M10-R	optical	n	3.0 / 1037	fixed	Y	1/4000s	4.5/s	n	n
9.		Leica M10-P	optical	n	3.0 / 1037	fixed	Y	1/4000s	5.0/s	n	n
10.		Leica M10	optical	n	3.0 / 1037	fixed	n	1/4000s	5.0/s	n	n
11.		Leica X Typ 113	optional	n	3.0 / 920	fixed	n	1/2000s	5.0/s	Y	n
12.		Leica X Vario	optional	n	3.0 / 920	fixed	n	1/2000s	5.0/s	Y	n
13.		Leica M Typ 240	optical	n	3.0 / 920	fixed	n	1/4000s	3.0/s	n	n
14.		Leica M8	optical	n	2.5 / 230	fixed	n	1/8000s	2.0/s	n	n
15.		Panasonic FZ200	1312	n	3.0 / 460	swivel	n	1/4000s	12.0/s	Y	Y
16.		Panasonic FZ100	202	n	3.0 / 460	swivel	n	1/2000s	11.0/s	Y	Y
17.		Panasonic LX5	optional	n	3.0 / 460	fixed	n	1/4000s	2.5/s	Y	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 FZ150 has one, while the M9 does not. While the built-in flash of the FZ150 is not very powerful, it can at times be useful as a fill-in light.

Concerning the storage of imaging data, both the M9 and the FZ150 write their files to SDXC 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 M9 and Panasonic Lumix DMC-FZ150 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 M9	Y	- / -	-	-	-	2.0	-	-	-
2.		Panasonic FZ150	Y	stereo / -	-	-	mini	2.0	-	-	-
3.		Canon SX50	Y	stereo / mono	-	-	mini	2.0	-	-	-
4.		Canon SX40	Y	stereo / mono	-	-	YES	2.0	-	-	-
5.		Canon T2i	Y	stereo / -	Y	-	mini	2.0	-	-	-
6.		Canon T1i	Y	mono / mono	-	-	mini	2.0	-	-	-
7.		Leica M11	Y	- / -	-	-	-	3.2	Y	-	Y
8.		Leica M10-R	Y	- / -	-	-	-	-	Y	-	-
9.		Leica M10-P	Y	- / -	-	-	-	-	Y	-	-
10.		Leica M10	Y	- / -	-	-	-	-	Y	-	-
11.		Leica X Typ 113	Y	stereo / mono	-	-	mini	2.0	-	-	-
12.		Leica X Vario	Y	stereo / mono	-	-	mini	2.0	-	-	-
13.		Leica M Typ 240	Y	stereo / mono	-	-	-	2.0	-	-	-
14.		Leica M8	Y	- / -	-	-	-	2.0	-	-	-
15.		Panasonic FZ200	Y	stereo / mono	Y	-	mini	2.0	-	-	-
16.		Panasonic FZ100	Y	stereo / mono	-	-	mini	2.0	-	-	-
17.		Panasonic LX5	Y	mono / mono	-	-	mini	2.0	-	-	-

Both the M9 and the FZ150 have been discontinued, but can regularly be found used on ebay. The M9 was replaced by the Leica M Typ 240, while the FZ150 was followed by the Panasonic FZ200. Further information on the features and operation of the M9 and FZ150 can be found, respectively, in the Leica M9 Manual (free pdf) or the online Panasonic FZ150 Manual.

Review summary

So how do things add up? Which of the two cameras – the Leica M9 or the Panasonic FZ150 – 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.

Arguments in favor of the Leica M9:

• More detail: Offers more megapixels (18.1 vs 12MP) with a 25% higher linear resolution.
• Better image quality: Scores substantially higher (29 points) in the DXO overall assessment.
• Richer colors: Generates images with noticeably better colors (3.1 bits more color depth).
• More dynamic range: Captures a larger spectrum of light and dark details (0.8 EV of extra DR).
• Better low-light sensitivity: Requires less light for good images (2.7 stops ISO advantage).
• Brighter framing: Features an optical viewfinder for clear, lag-free composition.
• Faster shutter: Has higher mechanical shutter speed (1/4000s vs 1/2000s) to freeze action.
• More flexible: Accepts interchangeable lenses, so that lens characteristics can be altered.
• Longer lasting: Can take more shots (550 versus 410) on a single battery charge.
• More prestigious: Has the Leica luxury appeal, which ensures a high resale price.
• More heavily discounted: Has been on the market for longer (launched in September 2009).

Advantages of the Panasonic Lumix DMC-FZ150:

• Broader imaging potential: Can capture not only stills but also 1080/60p video.
• More framing info: Has an electronic viewfinder that displays shooting data.
• Larger screen: Has a bigger rear LCD (3.0" vs 2.5") for image review and settings control.
• More detailed LCD: Has a higher resolution rear screen (460k vs 230k dots).
• 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 burst: Shoots at higher frequency (12 vs 2 flaps/sec) to capture the decisive moment.
• Ready to shoot: Has an integrated lens, whereas the M9 necessitates an extra lens.
• Less heavy: Has a lower weight even though it has a lens built in (unlike the M9).
• 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 modern: Was introduced somewhat (1 year and 11 months) more recently.

If the count of individual advantages (bullet points above) is taken as a guide, the FZ150 emerges as the winner of the match-up (13 : 11 points). However, the relative importance of the various individual camera aspects will vary according to personal preferences and needs, so that you might like to apply corresponding weights to the particular features before making a decision 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 M9 and the FZ150 in practical situations. User reviews, such as those found at amazon, can sometimes inform about these issues, but such feedback is often incomplete, inconsistent, and biased.

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 M9	..	..	..	..	4.5/5	..	Sep 2009	7,999	ebay.com
2.		Panasonic FZ150	3/5	+ +	..	76/100	4/5	4.5/5	Aug 2011	499	ebay.com
3.		Canon SX50	3/5	+ +	..	72/100	4.5/5	4.5/5	Sep 2012	429	ebay.com
4.		Canon SX40	..	+	..	..	4.5/5	4/5	Sep 2011	429	ebay.com
5.		Canon T2i	..	+ +	..	77/100	4/5	4.5/5	Feb 2010	699	ebay.com
6.		Canon T1i	..	+ +	..	74/100	4.5/5	4.5/5	Mar 2009	799	ebay.com
7.		Leica M11	4.5/5	..	4.5/5	..	4.5/5	4.5/5	Jan 2022	8,995	amazon.com
8.		Leica M10-R	4.5/5	..	4/5	..	..	4/5	Jul 2020	8,295	ebay.com
9.		Leica M10-P	..	..	3/5	..	..	4/5	Aug 2018	7,995	ebay.com
10.		Leica M10	4.5/5	..	..	..	4/5	4.5/5	Jan 2017	6,595	ebay.com
11.		Leica X Typ 113	3.5/5	..	..	..	3.5/5	4/5	Sep 2014	2,295	ebay.com
12.		Leica X Vario	3/5	..	..	..	4/5	4/5	Jun 2013	2,850	ebay.com
13.		Leica M Typ 240	4/5	..	..	..	4/5	..	Sep 2012	6,950	ebay.com
14.		Leica M8	..	..	..	+ +	..	..	Sep 2006	5,499	ebay.com
15.		Panasonic FZ200	3/5	+ +	..	80/100	4.5/5	4.5/5	Jul 2012	599	ebay.com
16.		Panasonic FZ100	..	+	..	..	4.5/5	4.5/5	Jul 2010	499	ebay.com
17.		Panasonic LX5	4/5	+	..	73/100	4.5/5	4.5/5	Jul 2010	499	ebay.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

The above review scores should be interpreted with care, though. The ratings are only valid when referring to cameras in the same category and of the same age. A score, therefore, has to be seen in close connection to the price and market introduction time 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

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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