Leica V-LUX 2 vs Olympus E-P5

The Leica V-LUX 2 and the Olympus PEN E-P5 are two digital cameras that were officially introduced, respectively, in September 2010 and May 2013. The V-LUX 2 is a fixed lens compact, while the E-P5 is a mirrorless interchangeable lens camera. The cameras are based on a 1/2.3-inch (V-LUX 2) and a Four Thirds (E-P5) sensor. The Leica has a resolution of 14 megapixels, whereas the Olympus provides 15.9 MP.

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

Headline Specifications

Leica V-LUX 2		Olympus E-P5
Fixed lens compact camera		Mirrorless system camera
25-600mm f/2.8-5.2		Micro Four Thirds lenses
14 MP – 1/2.3" sensor		15.9 MP – Four Thirds sensor
1080/60i Video		1080/30p Video
ISO 100-1,600 (100 - 6,400)		ISO 200-25,600
Electronic viewfinder (202k dots)		Viewfinder optional
3.0" LCD – 460k dots		3.0" LCD – 1037k dots
Swivel screen (not touch-sensitive)		Tilting touchscreen
11 shutter flaps per second		9 shutter flaps per second
Lens-based stabilization		In-body stabilization
410 shots per battery charge		330 shots per battery charge
124 x 80 x 95 mm, 520 g		122 x 69 x 37 mm, 420 g

Check V-LUX 2 offers at
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Check E-P5 offers at
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Going beyond this snapshot of core features and characteristics, what are the differences between the Leica V-LUX 2 and the Olympus PEN E-P5? 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 V-LUX 2 and the Olympus E-P5 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.

The E-P5 can be obtained in three different colors (black, silver, white), while the V-LUX 2 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 Olympus E-P5 is notably smaller (15 percent) than the Leica V-LUX 2. In this context, it is worth noting that neither the V-LUX 2 nor the E-P5 are weather-sealed.

The above size and weight comparisons are to some extent incomplete and possibly misleading, as the V-LUX 2 has a lens built in, whereas the E-P5 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 E-P5 and their specifications in the Micro Four Thirds Lens Catalog.

Concerning battery life, the V-LUX 2 gets 410 shots out of its Leica BP-DC9 battery, while the E-P5 can take 330 images on a single charge of its Olympus BLN-1 power pack.

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	Street Price
1.		Leica V-LUX 2	124 mm	80 mm	95 mm	520 g	410	n	Sep 2010	US$ 849	ebay.com
2.		Olympus E-P5	122 mm	69 mm	37 mm	420 g	330	n	May 2013	US$ 999	ebay.com
3.		Canon G1 X Mark II	116 mm	74 mm	66 mm	553 g	240	n	Feb 2014	US$ 799	ebay.com
4.		Canon SX20	123 mm	88 mm	87 mm	600 g	..	n	Aug 2009	US$ 399	ebay.com
5.		Canon SX30	123 mm	92 mm	108 mm	601 g	370	n	Sep 2010	US$ 429	ebay.com
6.		Canon SX40	123 mm	92 mm	108 mm	600 g	380	n	Sep 2011	US$ 429	ebay.com
7.		Leica V-LUX 1	141 mm	86 mm	142 mm	734 g	360	n	Sep 2006	US$ 849	ebay.com
8.		Leica V-LUX 3	124 mm	81 mm	95 mm	540 g	410	n	Dec 2011	US$ 949	ebay.com
9.		Leica V-LUX 4	125 mm	87 mm	110 mm	588 g	540	n	Sep 2012	US$ 949	ebay.com
10.		Leica X Typ 113	133 mm	73 mm	78 mm	486 g	350	n	Sep 2014	US$ 2 299	ebay.com
11.		Olympus E-M1	130 mm	94 mm	63 mm	497 g	350	Y	Sep 2013	US$ 1 399	ebay.com
12.		Olympus E-M10	119 mm	82 mm	46 mm	396 g	320	n	Jan 2014	US$ 699	ebay.com
13.		Olympus E-M10 II	120 mm	83 mm	47 mm	390 g	320	n	Aug 2015	US$ 649	ebay.com
14.		Olympus PEN-F	125 mm	72 mm	37 mm	427 g	330	n	Jan 2016	US$ 1 199	ebay.com
15.		Panasonic FZ100	124 mm	82 mm	92 mm	540 g	410	n	Jul 2010	US$ 499	ebay.com
16.		Panasonic FZ150	124 mm	82 mm	92 mm	528 g	410	n	Aug 2011	US$ 499	ebay.com
17.		Panasonic GX7	123 mm	71 mm	55 mm	402 g	350	n	Aug 2013	US$ 999	ebay.com
Note: Measurements and pricing do not include easily detachable parts, such as add-on or interchangeable lenses or optional viewfinders.
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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 V-LUX 2 was launched at a lower price than the E-P5, despite having a lens built in. 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.

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 V-LUX 2 features a 1/2.3-inch sensor and the Olympus E-P5 a Four Thirds sensor. The sensor area in the E-P5 is 704 percent bigger. As a result of these sensor size differences, the cameras have a format factor of, respectively, 5.6 and 2.0. Both cameras feature a native aspect ratio (sensor width to sensor height) of 4:3.

With 15.9MP, the E-P5 offers a higher resolution than the V-LUX 2 (14MP), but the E-P5 nevertheless has larger individual pixels (pixel pitch of 3.76μm versus 1.41μm for the V-LUX 2) due to its larger sensor. Moreover, the E-P5 is a much more recent model (by 2 years and 7 months) than the V-LUX 2, and its sensor will have benefitted from technological advances during this time that further enhance the light gathering capacity of its pixel-units. Coming back to sensor resolution, it should be mentioned that the V-LUX 2 has no anti-alias filter installed, so that it can capture all the detail its sensor resolves.

The resolution advantage of the Olympus E-P5 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the E-P5 for good quality output (200 dots per inch) amounts to 23 x 17.3 inches or 58.5 x 43.9 cm, for very good quality (250 dpi) 18.4 x 13.8 inches or 46.8 x 35.1 cm, and for excellent quality (300 dpi) 15.4 x 11.5 inches or 39 x 29.3 cm. The corresponding values for the Leica V-LUX 2 are 21.6 x 16.2 inches or 54.9 x 41.1 cm for good quality, 17.3 x 13 inches or 43.9 x 32.9 cm for very good quality, and 14.4 x 10.8 inches or 36.6 x 27.4 cm for excellent quality prints.

The Leica V-LUX 2 has a native sensitivity range from ISO 100 to ISO 1600, which can be extended to ISO 100-6400. The corresponding ISO settings for the Olympus PEN E-P5 are ISO 200 to ISO 25600, with the possibility to increase the ISO range to 100-25600.

Technology-wise, both cameras are equipped with CMOS (Complementary Metal–Oxide–Semiconductor) sensors. 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 V-LUX 2	1/2.3	14.0	4320	3240	1080/60i	19.4	10.7	321	39
2.		Olympus E-P5	Four Thirds	15.9	4608	3456	1080/30p	22.8	12.4	895	72
3.		Canon G1 X Mark II	1.5-inch	13.0	4160	3120	1080/30p	21.5	10.8	581	58
4.		Canon SX20	1/2.3	12.0	4000	3000	720/30p	19.2	10.5	225	37
5.		Canon SX30	1/2.3	14.0	4320	3240	720/30p	19.4	10.7	320	39
6.		Canon SX40	1/2.3	12.0	4000	3000	1080/24p	19.6	10.9	409	41
7.		Leica V-LUX 1	1/1.8	10.0	3648	2736	480/30p	18.4	9.5	-727	29
8.		Leica V-LUX 3	1/2.3	12.0	4000	3000	1080/60p	19.7	11.0	430	42
9.		Leica V-LUX 4	1/2.3	12.0	4000	3000	1080/60p	19.8	11.1	501	43
10.		Leica X Typ 113	APS-C	16.1	4928	3264	1080/30p	23.6	12.8	1491	78
11.		Olympus E-M1	Four Thirds	15.9	4608	3456	1080/30p	23.0	12.7	757	73
12.		Olympus E-M10	Four Thirds	15.9	4608	3456	1080/30p	22.8	12.3	884	72
13.		Olympus E-M10 II	Four Thirds	15.9	4608	3456	1080/60p	23.1	12.5	842	73
14.		Olympus PEN-F	Four Thirds	20.2	5184	3888	1080/60p	23.1	12.4	894	74
15.		Panasonic FZ100	1/2.3	14.0	4320	3240	1080/60i	19.4	10.7	306	39
16.		Panasonic FZ150	1/2.3	12.0	4000	3000	1080/60p	19.4	10.9	132	40
17.		Panasonic GX7	Four Thirds	15.8	4592	3448	1080/60p	22.6	12.2	718	70
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. Both cameras under consideration have a sensor with sufficiently fast read-out times for moving pictures, but the V-LUX 2 provides a higher frame rate than the E-P5. It can shoot video footage at 1080/60i, while the Olympus is limited to 1080/30p.

Feature comparison

Apart from body and sensor, cameras can and do differ across a range of features. For example, the V-LUX 2 has an electronic viewfinder (202k dots), which can be very helpful when shooting in bright sunlight. In contrast, the E-P5 relies on live view and the rear LCD for framing. That said, the E-P5 can be equipped with an optional viewfinder – the VF-4. The table below summarizes some of the other core capabilities of the Leica V-LUX 2 and Olympus E-P5 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 V-LUX 2	202	n	3.0 / 460	swivel	n	1/2000s	11.0/s	Y	Y
2.		Olympus E-P5	optional	n	3.0 / 1037	tilting	Y	1/8000s	9.0/s	Y	Y
3.		Canon G1 X Mark II	optional	n	3.0 / 1040	tilting	Y	1/4000s	5.2/s	Y	Y
4.		Canon SX20	202	n	2.5 / 230	swivel	n	1/3200s	0.7/s	Y	Y
5.		Canon SX30	202	n	2.7 / 230	swivel	n	1/3200s	0.6/s	Y	Y
6.		Canon SX40	202	n	2.7 / 230	swivel	n	1/3200s	10.3/s	Y	Y
7.		Leica V-LUX 1	235	n	2.0 / 207	tilting	n	1/2000s	2.0/s	Y	Y
8.		Leica V-LUX 3	202	n	3.0 / 460	swivel	n	1/2000s	12.0/s	Y	Y
9.		Leica V-LUX 4	1312	n	3.0 / 460	swivel	n	1/4000s	12.0/s	Y	Y
10.		Leica X Typ 113	optional	n	3.0 / 920	fixed	n	1/2000s	5.0/s	Y	n
11.		Olympus E-M1	2360	n	3.0 / 1037	tilting	Y	1/8000s	10.0/s	n	Y
12.		Olympus E-M10	1440	n	3.0 / 1037	tilting	Y	1/4000s	8.0/s	Y	Y
13.		Olympus E-M10 II	2360	n	3.0 / 1040	tilting	Y	1/4000s	8.0/s	Y	Y
14.		Olympus PEN-F	2360	n	3.0 / 1037	swivel	Y	1/8000s	10.0/s	n	Y
15.		Panasonic FZ100	202	n	3.0 / 460	swivel	n	1/2000s	11.0/s	Y	Y
16.		Panasonic FZ150	202	n	3.0 / 460	swivel	n	1/2000s	12.0/s	Y	Y
17.		Panasonic GX7	2760	n	3.0 / 1040	tilting	Y	1/8000s	5.0/s	Y	Y
Note: *) Information refers to the mechanical shutter, unless the camera only has an electronic one.

One differentiating feature between the two cameras concerns the touch sensitivity of the rear screen. The E-P5 has a touchscreen, while the V-LUX 2 has a conventional panel. Touch control can be particularly helpful, for example, for setting the focus point.

The Olympus E-P5 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 V-LUX 2 and the E-P5 write their files to SDXC cards. The E-P5 supports UHS-I cards (Ultra High Speed data transfer of up to 104 MB/s), while the V-LUX 2 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 V-LUX 2 and Olympus PEN E-P5 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 V-LUX 2	Y	stereo / mono	-	-	mini	2.0	-	-	-
2.		Olympus E-P5	Y	stereo / mono	-	-	micro	2.0	Y	-	-
3.		Canon G1 X Mark II	Y	stereo / mono	-	-	mini	2.0	Y	Y	-
4.		Canon SX20	Y	stereo / mono	-	-	YES	2.0	-	-	-
5.		Canon SX30	Y	stereo / mono	-	-	YES	2.0	-	-	-
6.		Canon SX40	Y	stereo / mono	-	-	YES	2.0	-	-	-
7.		Leica V-LUX 1	Y	mono / mono	-	-	-	2.0	-	-	-
8.		Leica V-LUX 3	Y	stereo / -	-	-	mini	2.0	-	-	-
9.		Leica V-LUX 4	Y	stereo / mono	Y	-	mini	2.0	-	-	-
10.		Leica X Typ 113	Y	stereo / mono	-	-	mini	2.0	-	-	-
11.		Olympus E-M1	Y	stereo / mono	Y	-	micro	2.0	Y	-	-
12.		Olympus E-M10	Y	stereo / mono	-	-	micro	2.0	Y	-	-
13.		Olympus E-M10 II	Y	stereo / mono	-	-	micro	2.0	Y	-	-
14.		Olympus PEN-F	Y	stereo / mono	-	-	micro	2.0	Y	-	-
15.		Panasonic FZ100	Y	stereo / mono	-	-	mini	2.0	-	-	-
16.		Panasonic FZ150	Y	stereo / -	-	-	mini	2.0	-	-	-
17.		Panasonic GX7	Y	stereo / mono	-	-	mini	2.0	Y	Y	-

It is notable that the E-P5 offers wifi support, which can be a very convenient means to transfer image data to an off-camera location. In contrast, the V-LUX 2 does not provide wifi capability.

Both the V-LUX 2 and the E-P5 have been discontinued, but can regularly be found used on ebay. The V-LUX 2 was replaced by the Leica V-LUX 3, while the E-P5 was followed by the Olympus E-P7. Further information on the features and operation of the V-LUX 2 and E-P5 can be found, respectively, in the Leica V-LUX 2 Manual (free pdf) or the online Olympus E-P5 Manual.

Review summary

So what is the bottom line? Which of the two cameras – the Leica V-LUX 2 or the Olympus E-P5 – has the upper hand? Is one clearly better than the other? Below is a summary of the relative strengths of each of the two contestants.

Reasons to prefer the Leica V-LUX 2:

• Maximized detail: Lacks an anti-alias filter to exploit the sensor's full resolution potential.
• Better video: Provides higher movie framerates (1080/60i versus 1080/30p).
• Easier framing: Has an electronic viewfinder for image composition and settings control.
• 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 (11 vs 9 flaps/sec) to capture the decisive moment.
• Ready to shoot: Has a lens built-in, whereas the E-P5 requires a separate lens.
• Longer lasting: Can take more shots (410 versus 330) on a single battery charge.
• More prestigious: Has the Leica luxury appeal, which ensures a high resale price.
• More affordable: Was introduced at a lower price, despite coming with a built-in lens.
• More heavily discounted: Has been available for much longer (launched in September 2010).

Advantages of the Olympus PEN E-P5:

• More detail: Has more megapixels (15.9 vs 14MP), which boosts linear resolution by 7%.
• Better moiré control: Has an anti-alias filter to avoid artificial patterns to appear in images.
• Better image quality: Is equipped with a larger and more technologically advanced 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.
• More detailed LCD: Has a higher resolution rear screen (1037k vs 460k dots).
• Fewer buttons to press: Has a touchscreen to facilitate handling and shooting adjustments.
• Faster shutter: Has higher mechanical shutter speed (1/8000s vs 1/2000s) to freeze action.
• Easier time-lapse photography: Has an intervalometer built-in for low frequency shooting.
• More flexible: Takes interchangeable lenses and can thus be used with specialty optics.
• More compact: Is smaller (122x69mm vs 124x80mm) and will fit more readily into a bag.
• Easier file upload: Has wifi built in for automatic backup or image transfer to the web.
• Faster buffer clearing: Has an SD card interface that supports the UHS-I standard.
• More modern: Reflects 2 years and 7 months of technical progress since the V-LUX 2 launch.

If the count of relative strengths (bullet points above) is taken as a measure, the E-P5 is the clear winner of the contest (15 : 11 points). 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.

How about other alternatives? Do the specifications of the Leica V-LUX 2 and the Olympus E-P5 place the cameras among the top in their class? Find out in the latest Best Superzoom Camera and Best Mirrorless Interchangeable Lens Camera listings whether the two cameras rank among the cream of the crop.

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 V-LUX 2 and the E-P5 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	Street Price
1.		Leica V-LUX 2	..	..	..	..	..	..	Sep 2010	US$ 849	ebay.com
2.		Olympus E-P5	5/5	+ +	..	78/100	4.5/5	5/5	May 2013	US$ 999	ebay.com
3.		Canon G1 X Mark II	3/5	+	..	77/100	4/5	4.5/5	Feb 2014	US$ 799	ebay.com
4.		Canon SX20	..	+ +	..	73/100	..	4/5	Aug 2009	US$ 399	ebay.com
5.		Canon SX30	3/5	+ +	..	..	3.5/5	4/5	Sep 2010	US$ 429	ebay.com
6.		Canon SX40	..	+	..	..	4.5/5	4/5	Sep 2011	US$ 429	ebay.com
7.		Leica V-LUX 1	..	..	..	..	..	..	Sep 2006	US$ 849	ebay.com
8.		Leica V-LUX 3	..	..	..	..	..	..	Dec 2011	US$ 949	ebay.com
9.		Leica V-LUX 4	..	..	..	..	..	..	Sep 2012	US$ 949	ebay.com
10.		Leica X Typ 113	3.5/5	..	..	..	3.5/5	4/5	Sep 2014	US$ 2 299	ebay.com
11.		Olympus E-M1	5/5	+ +	..	84/100	4.5/5	4.5/5	Sep 2013	US$ 1 399	ebay.com
12.		Olympus E-M10	4/5	..	..	80/100	5/5	5/5	Jan 2014	US$ 699	ebay.com
13.		Olympus E-M10 II	4.5/5	+ +	..	80/100	5/5	5/5	Aug 2015	US$ 649	ebay.com
14.		Olympus PEN-F	..	..	4/5	82/100	4.5/5	5/5	Jan 2016	US$ 1 199	ebay.com
15.		Panasonic FZ100	..	+	..	..	4.5/5	4.5/5	Jul 2010	US$ 499	ebay.com
16.		Panasonic FZ150	3/5	+ +	..	76/100	4/5	4.5/5	Aug 2011	US$ 499	ebay.com
17.		Panasonic GX7	4/5	+	..	79/100	5/5	5/5	Aug 2013	US$ 999	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

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