Leica V-LUX 5 vs Olympus E-P3

The Leica V-LUX 5 and the Olympus PEN E-P3 are two digital cameras that were revealed to the public, respectively, in July 2019 and June 2011. The V-LUX 5 is a fixed lens compact, while the E-P3 is a mirrorless interchangeable lens camera. The cameras are based on an one-inch (V-LUX 5) and a Four Thirds (E-P3) sensor. The Leica has a resolution of 20 megapixels, whereas the Olympus provides 12.2 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 5		Olympus E-P3
Fixed lens compact camera		Mirrorless system camera
25-400mm f/2.8-4.0		Micro Four Thirds lenses
20 MP – 1" sensor		12.2 MP – Four Thirds sensor
4K/30p Video		1080/60i Video
ISO 125-12,800 (80 - 25,600)		ISO 200-12,800
Electronic viewfinder (2360k dots)		Viewfinder optional
3.0" LCD – 1240k dots		3.0" LCD – 614k dots
Swivel touchscreen		Fixed touchscreen
12 shutter flaps per second		3 shutter flaps per second
Lens-based stabilization		In-body stabilization
350 shots per battery charge		330 shots per battery charge
136 x 97 x 131 mm, 812 g		122 x 69 x 34 mm, 369 g

Check V-LUX 5 price at
amazon.com
Check E-P3 offers at
ebay.com

Going beyond this snapshot of core features and characteristics, what are the differences between the Leica V-LUX 5 and the Olympus PEN E-P3? 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 V-LUX 5 and the Olympus E-P3 are illustrated in the side-by-side display below. 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 dimensions are rounded to the nearest millimeter.

The E-P3 can be obtained in three different colors (black, silver, white), while the V-LUX 5 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-P3 is considerably smaller (36 percent) than the Leica V-LUX 5. In this context, it is worth noting that neither the V-LUX 5 nor the E-P3 are weather-sealed.

The above size and weight comparisons are to some extent incomplete and possibly misleading, as the V-LUX 5 has a lens built in, whereas the E-P3 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-P3 and their specifications in the Micro Four Thirds Lens Catalog.

Concerning battery life, the V-LUX 5 gets 350 shots out of its Leica BP-DC12 battery, while the E-P3 can take 330 images on a single charge of its Olympus BLS-5 power pack. The power pack in the V-LUX 5 can be charged via the USB port, so that it is not always necessary to take the battery charger along when travelling.

The adjacent table lists the principal physical characteristics of the two cameras alongside a wider set of alternatives. 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 V-LUX 5	136 mm	97 mm	131 mm	812 g	350	n	Jul 2019	1,249	amazon.com
2.		Olympus E-P3	122 mm	69 mm	34 mm	369 g	330	n	Jun 2011	799	ebay.com
3.		Canon G5 X Mark II	111 mm	61 mm	46 mm	340 g	230	n	Jul 2019	899	ebay.com
4.		Leica C-LUX	113 mm	67 mm	46 mm	340 g	370	n	Jun 2018	1,049	ebay.com
5.		Leica D-LUX 7	115 mm	66 mm	65 mm	392 g	300	n	Nov 2018	1,195	ebay.com
6.		Leica V-LUX Typ 114	137 mm	99 mm	131 mm	830 g	360	n	Sep 2014	1,349	ebay.com
7.		Olympus E-P1	121 mm	70 mm	36 mm	355 g	300	n	Jun 2009	799	ebay.com
8.		Olympus E-P2	121 mm	70 mm	36 mm	355 g	300	n	Nov 2009	799	ebay.com
9.		Olympus E-PL1	115 mm	72 mm	42 mm	334 g	290	n	Feb 2010	599	ebay.com
10.		Olympus E-PL2	114 mm	72 mm	42 mm	362 g	280	n	Jan 2011	599	ebay.com
11.		Olympus E-PL3	110 mm	64 mm	37 mm	313 g	300	n	Jun 2011	599	ebay.com
12.		Panasonic FZ1000	137 mm	99 mm	131 mm	831 g	360	n	Jun 2014	899	ebay.com
13.		Panasonic FZ1000 II	136 mm	97 mm	131 mm	810 g	350	n	Feb 2019	899	amazon.com
14.		Panasonic FZ2500	138 mm	102 mm	135 mm	915 g	350	n	Sep 2016	1,199	amazon.com
15.		Sony RX10 II	129 mm	88 mm	102 mm	813 g	400	Y	Jun 2015	1,299	ebay.com
16.		Sony RX100 VI	102 mm	58 mm	43 mm	301 g	240	n	Jun 2018	1,199	ebay.com
17.		Sony RX100 VII	102 mm	58 mm	43 mm	302 g	260	n	Jul 2019	1,199	amazon.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 obviously take relative prices into account. The listed launch prices provide an indication of the market segment that the manufacturer of the cameras have been targeting. 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 size of the sensor inside a digital camera is one of the key determinants 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. 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 V-LUX 5 features an one-inch sensor and the Olympus E-P3 a Four Thirds sensor. The sensor area in the E-P3 is 94 percent bigger. As a result of these sensor size differences, the cameras have a format factor of, respectively, 2.7 and 2.0. The sensor in the V-LUX 5 has a native 3:2 aspect ratio, while the one in the E-P3 offers a 4:3 aspect.

Despite having a smaller sensor, the Leica V-LUX 5 offers a higher resolution of 20 megapixels, compared with 12.2 MP of the Olympus E-P3. This megapixels advantage comes at the cost of a higher pixel density and a smaller size of the individual pixel (with a pixel pitch of 2.41μm versus 4.29μm for the E-P3). However, it should be noted that the V-LUX 5 is much more recent (by 8 years) than the E-P3, and its sensor will have benefitted from technological advances during this time that make it possible to gather light more efficiently.

The resolution advantage of the Leica V-LUX 5 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the V-LUX 5 for good quality output (200 dots per inch) amounts to 27.4 x 18.2 inches or 69.5 x 46.3 cm, for very good quality (250 dpi) 21.9 x 14.6 inches or 55.6 x 37.1 cm, and for excellent quality (300 dpi) 18.2 x 12.2 inches or 46.3 x 30.9 cm. The corresponding values for the Olympus E-P3 are 20.2 x 15.1 inches or 51.2 x 38.4 cm for good quality, 16.1 x 12.1 inches or 41 x 30.7 cm for very good quality, and 13.4 x 10.1 inches or 34.1 x 25.6 cm for excellent quality prints.

The Leica V-LUX 5 has a native sensitivity range from ISO 125 to ISO 12800, which can be extended to ISO 80-25600. The corresponding ISO settings for the Olympus PEN E-P3 are ISO 200 to ISO 12800 (no boost).

In terms of underlying technology, the V-LUX 5 is build around a BSI-CMOS sensor, while the E-P3 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 is based on lab testing and assigns an overall score to each camera sensor, as well as ratings for dynamic range ("DXO Landscape"), color depth ("DXO Portrait"), and low-light sensitivity ("DXO Sports"). 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 5	1-inch	20.0	5472	3648	4K/30p	22.2	12.4	584	65
2.		Olympus E-P3	Four Thirds	12.2	4032	3024	1080/60i	20.8	10.1	536	51
3.		Canon G5 X Mark II	1-inch	20.0	5472	3648	4K/30p	22.2	12.4	583	65
4.		Leica C-LUX	1-inch	20.0	5472	3648	4K/30p	22.1	12.3	481	64
5.		Leica D-LUX 7	Four Thirds	16.8	4736	3552	4K/30p	22.9	12.8	1002	72
6.		Leica V-LUX Typ 114	1-inch	20.0	5472	3648	4K/30p	21.6	11.7	127	60
7.		Olympus E-P1	Four Thirds	12.2	4032	3024	720/30p	21.4	10.4	536	55
8.		Olympus E-P2	Four Thirds	12.2	4032	3024	720/30p	21.5	10.4	505	56
9.		Olympus E-PL1	Four Thirds	12.2	4032	3024	720/30p	21.5	10.1	487	54
10.		Olympus E-PL2	Four Thirds	12.2	4032	3024	720/30p	21.4	10.2	573	55
11.		Olympus E-PL3	Four Thirds	12.2	4032	3024	1080/60i	20.9	10.3	499	52
12.		Panasonic FZ1000	1-inch	20.0	5472	3648	4K/30p	22.1	11.7	517	64
13.		Panasonic FZ1000 II	1-inch	20.0	5472	3648	4K/30p	22.1	12.4	546	65
14.		Panasonic FZ2500	1-inch	20.0	5472	3648	4K/30p	23.0	12.6	538	70
15.		Sony RX10 II	1-inch	20.0	5472	3648	4K/30p	23.0	12.6	531	70
16.		Sony RX100 VI	1-inch	20.0	5472	3648	4K/30p	22.1	12.3	478	64
17.		Sony RX100 VII	1-inch	20.0	5472	3648	4K/30p	21.8	12.4	418	63
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 V-LUX 5 provides a higher video resolution than the E-P3. It can shoot video footage at 4K/30p, while the Olympus is limited to 1080/60i.

Feature comparison

Beyond body and sensor, cameras can and do differ across a range of features. For example, the V-LUX 5 has an electronic viewfinder (2360k dots), which can be very helpful when shooting in bright sunlight. In contrast, the E-P3 relies on live view and the rear LCD for framing. That said, the E-P3 can be equipped with an optional viewfinder – the VF-3. The adjacent table lists some of the other core features of the Leica V-LUX 5 and Olympus E-P3 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 V-LUX 5	2360	n	3.0 / 1240	swivel	Y	1/4000s	12.0/s	Y	Y
2.		Olympus E-P3	optional	n	3.0 / 614	fixed	Y	1/4000s	3.0/s	Y	Y
3.		Canon G5 X Mark II	2360	n	3.0 / 1040	tilting	Y	1/2000s	30/s	Y	Y
4.		Leica C-LUX	2330	n	3.0 / 1240	fixed	Y	1/2000s	10.0/s	Y	Y
5.		Leica D-LUX 7	2764	n	3.0 / 1240	fixed	Y	1/4000s	11.0/s	n	Y
6.		Leica V-LUX Typ 114	2359	n	3.0 / 921	swivel	n	1/4000s	12.0/s	Y	Y
7.		Olympus E-P1	none	n	3.0 / 230	fixed	n	1/4000s	3.0/s	n	Y
8.		Olympus E-P2	optional	n	3.0 / 230	fixed	n	1/4000s	3.0/s	n	Y
9.		Olympus E-PL1	optional	n	2.7 / 230	fixed	n	1/2000s	3.0/s	Y	Y
10.		Olympus E-PL2	optional	n	3.0 / 460	fixed	n	1/4000s	3.0/s	Y	Y
11.		Olympus E-PL3	optional	n	3.0 / 460	tilting	n	1/4000s	5.5/s	n	Y
12.		Panasonic FZ1000	2359	n	3.0 / 921	swivel	n	1/4000s	12.0/s	Y	Y
13.		Panasonic FZ1000 II	2360	n	3.0 / 1240	swivel	Y	1/4000s	12.0/s	Y	Y
14.		Panasonic FZ2500	2360	n	3.0 / 1040	swivel	Y	1/4000s	12.0/s	Y	Y
15.		Sony RX10 II	2359	Y	3.0 / 1229	tilting	n	1/3200s	14.0/s	Y	Y
16.		Sony RX100 VI	2359	n	3.0 / 1229	tilting	Y	1/2000s	24.0/s	Y	Y
17.		Sony RX100 VII	2359	n	3.0 / 921	tilting	Y	1/2000s	90.0/s	Y	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, the V-LUX 5 is one of those camera that have an additional 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 V-LUX 5 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 5 and the E-P3 write their files to SDXC cards. Both cameras can use UHS-I cards, which provide for Ultra High Speed data transfer of up to 104 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 V-LUX 5 and Olympus PEN E-P3 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 5	Y	stereo / mono	-	-	micro	2.0	Y	-	Y
2.		Olympus E-P3	Y	stereo / -	-	-	mini	2.0	-	-	-
3.		Canon G5 X Mark II	-	stereo / mono	-	-	micro	3.1	Y	-	Y
4.		Leica C-LUX	-	stereo / mono	-	-	micro	2.0	Y	-	-
5.		Leica D-LUX 7	Y	stereo / mono	-	-	micro	2.0	Y	-	Y
6.		Leica V-LUX Typ 114	Y	stereo / mono	Y	-	micro	2.0	Y	Y	-
7.		Olympus E-P1	Y	stereo / -	-	-	mini	2.0	-	-	-
8.		Olympus E-P2	Y	stereo / -	-	-	mini	2.0	-	-	-
9.		Olympus E-PL1	Y	stereo / -	-	-	mini	2.0	-	-	-
10.		Olympus E-PL2	Y	stereo / -	-	-	mini	2.0	-	-	-
11.		Olympus E-PL3	Y	stereo / -	-	-	mini	2.0	-	-	-
12.		Panasonic FZ1000	Y	stereo / mono	Y	-	micro	2.0	Y	Y	-
13.		Panasonic FZ1000 II	Y	stereo / mono	Y	-	micro	2.0	Y	-	Y
14.		Panasonic FZ2500	Y	stereo / mono	Y	Y	micro	2.0	Y	-	-
15.		Sony RX10 II	Y	stereo / mono	Y	Y	micro	2.0	Y	Y	-
16.		Sony RX100 VI	-	stereo / mono	-	-	micro	2.0	Y	Y	Y
17.		Sony RX100 VII	-	stereo / mono	Y	-	micro	2.0	Y	Y	Y

It is notable that the V-LUX 5 offers wifi support, while the E-P3 does not. Wifi can be a very convenient means to transfer image data to an off-camera location.

The V-LUX 5 is a recent model that features in the current product line-up of Leica. In contrast, the E-P3 has been discontinued (but can be found pre-owned on ebay). As a replacement in the same line of cameras, the E-P3 was succeeded by the Olympus E-P5. Further information on the features and operation of the V-LUX 5 and E-P3 can be found, respectively, in the Leica V-LUX 5 Manual (free pdf) or the online Olympus E-P3 Manual.

Review summary

So what conclusions can be drawn? Is the Leica V-LUX 5 better than the Olympus E-P3 or vice versa? A synthesis of the relative strong points of each of the models is listed below.

Advantages of the Leica V-LUX 5:

• More detail: Offers more megapixels (20 vs 12.2MP) with a 30% higher linear resolution.
• Better video: Provides higher definition movie capture (4K/30p vs 1080/60i).
• Easier framing: Has an electronic viewfinder for image composition and settings control.
• More detailed LCD: Has a higher resolution rear screen (1240k vs 614k 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 3 flaps/sec) to capture the decisive moment.
• Less disturbing: Has an electronic shutter option for completely silent shooting.
• Easier time-lapse photography: Has an intervalometer built-in for low frequency shooting.
• Ready to shoot: Has a lens built-in, whereas the E-P3 requires a separate lens.
• Easier travel charging: Can be conveniently charged via its USB port.
• Easier file upload: Has wifi built in for automatic backup or image transfer to the web.
• Easier wireless transfer: Supports Bluetooth for image sharing without cables.
• More prestigious: Has the Leica luxury appeal, which ensures a high resale price.
• More modern: Reflects 8 years of technical progress since the E-P3 launch.

Arguments in favor of the Olympus PEN E-P3:

• More flexible: Takes interchangeable lenses and can thus be used with specialty optics.
• More compact: Is smaller (122x69mm vs 136x97mm) and will fit more readily into a bag.
• More heavily discounted: Has been around for much longer (launched in June 2011).

If the count of relative strengths (bullet points above) is taken as a measure, the V-LUX 5 is the clear winner of the match-up (15 : 3 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.

How about other alternatives? Do the specifications of the Leica V-LUX 5 and the Olympus E-P3 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 remains incomplete and does no justice, for example, to the way the V-LUX 5 or the E-P3 perform in practice. 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 adjacent summary-table relays the overall verdicts of several of the most popular 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 (USD)	Street Price
1.		Leica V-LUX 5	..	..	..	..	4/5	4/5	Jul 2019	1,249	amazon.com
2.		Olympus E-P3	..	83/100	..	74/100	4.5/5	4.5/5	Jun 2011	799	ebay.com
3.		Canon G5 X Mark II	4/5	+	4/5	82/100	..	4/5	Jul 2019	899	ebay.com
4.		Leica C-LUX	..	..	3.5/5	..	4.5/5	4/5	Jun 2018	1,049	ebay.com
5.		Leica D-LUX 7	..	..	..	..	..	4.5/5	Nov 2018	1,195	ebay.com
6.		Leica V-LUX Typ 114	..	..	..	..	..	5/5	Sep 2014	1,349	ebay.com
7.		Olympus E-P1	..	+	..	66/100	4/5	4.5/5	Jun 2009	799	ebay.com
8.		Olympus E-P2	3/5	+	..	69/100	4/5	4.5/5	Nov 2009	799	ebay.com
9.		Olympus E-PL1	..	86/100	..	69/100	4/5	4.5/5	Feb 2010	599	ebay.com
10.		Olympus E-PL2	3/5	83/100	..	71/100	4.5/5	4.5/5	Jan 2011	599	ebay.com
11.		Olympus E-PL3	3/5	+ +	..	72/100	4.5/5	4/5	Jun 2011	599	ebay.com
12.		Panasonic FZ1000	4/5	+ +	..	82/100	4.5/5	4.5/5	Jun 2014	899	ebay.com
13.		Panasonic FZ1000 II	..	..	..	83/100	4.5/5	4.5/5	Feb 2019	899	amazon.com
14.		Panasonic FZ2500	..	+	..	82/100	4.5/5	5/5	Sep 2016	1,199	amazon.com
15.		Sony RX10 II	5/5	+ +	..	82/100	4.5/5	4/5	Jun 2015	1,299	ebay.com
16.		Sony RX100 VI	4.5/5	+ +	..	83/100	4/5	4.5/5	Jun 2018	1,199	ebay.com
17.		Sony RX100 VII	4.5/5	..	4/5	..	4/5	5/5	Jul 2019	1,199	amazon.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

The above review scores should be interpreted with care, though. The assessments were made in relation to similar cameras of the same technological generation. A score, therefore, has to be seen in close connection to the price and market introduction time of the camera, and comparing ratings of very distinct cameras or ones that are far apart in terms of their release date have little meaning. 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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