Leica V-LUX Typ 114 vs Olympus E-500

The Leica V-LUX (Typ 114) and the Olympus Evolt E-500 are two digital cameras that were officially introduced, respectively, in September 2014 and September 2005. The V-LUX Typ 114 is a fixed lens compact, while the E-500 is a DSLR. The cameras are based on an one-inch (V-LUX Typ 114) and a Four Thirds (E-500) sensor. The Leica has a resolution of 20 megapixels, whereas the Olympus provides 8 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 Typ 114		Olympus E-500
Fixed lens compact camera		Digital single lens reflex
25-400mm f/2.8-4.0		Four Thirds lenses
20 MP – 1" sensor		8 MP – Four Thirds sensor
4K/30p Video		no Video
ISO 125-12,800 (80 - 25,600)		ISO 100-400 (100 - 1,600)
Electronic viewfinder (2359k dots)		Optical viewfinder
3.0" LCD – 921k dots		2.5" LCD – 215k dots
Swivel screen (not touch-sensitive)		Fixed screen (not touch-sensitive)
12 shutter flaps per second		2.5 shutter flaps per second
360 shots per battery charge		750 shots per battery charge
137 x 99 x 131 mm, 830 g		130 x 95 x 66 mm, 479 g

Check V-LUX Typ 114 offers at
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Check E-500 offers at
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Going beyond this snapshot of core features and characteristics, what are the differences between the Leica V-LUX (Typ 114) and the Olympus Evolt E-500? 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 Typ 114 and the Olympus E-500 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.

If the front view area (width x height) of the cameras is taken as an aggregate measure of their size, the Olympus E-500 is notably smaller (9 percent) than the Leica V-LUX Typ 114. In this context, it is worth noting that neither the V-LUX Typ 114 nor the E-500 are weather-sealed.

The above size and weight comparisons are to some extent incomplete and possibly misleading, as the V-LUX Typ 114 has a lens built in, whereas the E-500 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-500 and their specifications in the Four Thirds Lens Catalog.

Concerning battery life, the V-LUX Typ 114 gets 360 shots out of its Leica BP-DC12 battery, while the E-500 can take 750 images on a single charge of its Olympus BLM-1 power pack.

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 Typ 114	137 mm	99 mm	131 mm	830 g	360	n	Sep 2014	1,349	ebay.com
2.		Olympus E-500	130 mm	95 mm	66 mm	479 g	750	n	Sep 2005	599	ebay.com
3.		Leica V-LUX 5	136 mm	97 mm	131 mm	812 g	350	n	Jul 2019	1,249	amazon.com
4.		Leica Q Typ 116	130 mm	80 mm	93 mm	640 g	300	n	Jun 2015	4,249	ebay.com
5.		Leica D-LUX Typ 109	118 mm	66 mm	55 mm	405 g	300	n	Sep 2014	1,195	ebay.com
6.		Leica X Vario	133 mm	73 mm	95 mm	680 g	450	n	Jun 2013	2,850	ebay.com
7.		Leica V-LUX 4	125 mm	87 mm	110 mm	588 g	540	n	Sep 2012	949	ebay.com
8.		Olympus E-410	130 mm	91 mm	53 mm	435 g	500	n	Mar 2007	699	ebay.com
9.		Olympus E-510	136 mm	92 mm	68 mm	538 g	750	n	Mar 2007	799	ebay.com
10.		Olympus E-330	140 mm	87 mm	72 mm	637 g	750	n	Jan 2006	999	ebay.com
11.		Olympus E-400	130 mm	91 mm	53 mm	435 g	500	n	Sep 2006	699	ebay.com
12.		Olympus E-300	147 mm	85 mm	64 mm	624 g	750	n	Sep 2004	799	ebay.com
13.		Panasonic FZ2500	138 mm	102 mm	135 mm	915 g	350	n	Sep 2016	1,199	amazon.com
14.		Panasonic FZ1000	137 mm	99 mm	131 mm	831 g	360	n	Jun 2014	899	ebay.com
15.		Sony RX100 VI	102 mm	58 mm	43 mm	301 g	240	n	Jun 2018	1,199	ebay.com
16.		Sony RX10 II	129 mm	88 mm	102 mm	813 g	400	Y	Jun 2015	1,299	ebay.com
17.		Sony RX10	129 mm	88 mm	102 mm	813 g	420	Y	Oct 2013	1,299	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. 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 size of the sensor inside a digital camera is one of the key determinants 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. 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 Typ 114 features an one-inch sensor and the Olympus E-500 a Four Thirds sensor. The sensor area in the E-500 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 Typ 114 has a native 3:2 aspect ratio, while the one in the E-500 offers a 4:3 aspect.

Despite having a smaller sensor, the Leica V-LUX Typ 114 offers a higher resolution of 20 megapixels, compared with 8 MP of the Olympus E-500. 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 5.30μm for the E-500). However, it should be noted that the V-LUX Typ 114 is much more recent (by 8 years and 11 months) than the E-500, 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 Typ 114 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the V-LUX Typ 114 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-500 are 16.3 x 12.2 inches or 41.5 x 31.1 cm for good quality, 13.1 x 9.8 inches or 33.2 x 24.9 cm for very good quality, and 10.9 x 8.2 inches or 27.6 x 20.7 cm for excellent quality prints.

The Leica V-LUX (Typ 114) 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 Evolt E-500 are ISO 100 to ISO 400, with the possibility to increase the ISO range to 100-1600.

In terms of underlying technology, the V-LUX Typ 114 is build around a CMOS sensor, while the E-500 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.

Consistent information on actual sensor performance is available from DXO Mark for many cameras. 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 Typ 114	1-inch	20.0	5472	3648	4K/30p	21.6	11.7	127	60
2.		Olympus E-500	Four Thirds	8.0	3264	2448	none	20.7	10.3	45	51
3.		Leica V-LUX 5	1-inch	20.0	5472	3648	4K/30p	22.2	12.4	584	65
4.		Leica Q Typ 116	Full Frame	24.0	6000	4000	1080/60p	24.3	12.7	2221	85
5.		Leica D-LUX Typ 109	Four Thirds	12.7	4112	3088	4K/30p	22.4	12.1	607	67
6.		Leica X Vario	APS-C	16.1	4928	3272	1080/30p	23.4	12.7	1320	78
7.		Leica V-LUX 4	1/2.3	12.0	4000	3000	1080/60p	19.8	11.1	501	43
8.		Olympus E-410	Four Thirds	10.0	3648	2736	none	21.1	10.0	494	51
9.		Olympus E-510	Four Thirds	10.0	3648	2736	none	21.2	10.0	442	52
10.		Olympus E-330	Four Thirds	7.4	3136	2352	none	20.8	10.4	73	52
11.		Olympus E-400	Four Thirds	10.0	3648	2736	none	21.0	10.6	127	53
12.		Olympus E-300	Four Thirds	8.0	3264	2448	none	20.4	10.1	-40	48
13.		Panasonic FZ2500	1-inch	20.0	5472	3648	4K/30p	23.0	12.6	538	70
14.		Panasonic FZ1000	1-inch	20.0	5472	3648	4K/30p	22.1	11.7	517	64
15.		Sony RX100 VI	1-inch	20.0	5472	3648	4K/30p	22.1	12.3	478	64
16.		Sony RX10 II	1-inch	20.0	5472	3648	4K/30p	23.0	12.6	531	70
17.		Sony RX10	1-inch	20.0	5472	3648	1080/60p	22.9	12.6	474	69
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 V-LUX Typ 114 indeed provides movie recording capabilities, while the E-500 does not. The highest resolution format that the V-LUX Typ 114 can use is 4K/30p.

Feature comparison

Beyond body and sensor, cameras can and do differ across a range of features. For example, the V-LUX Typ 114 has an electronic viewfinder (2359k dots), while the E-500 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 viewfinder in the V-LUX Typ 114 offers a wider field of view (100%) than the one in the E-500 (95%), so that a larger proportion of the captured image is visible in the finder. In addition, the viewfinder of the V-LUX Typ 114 has a higher magnification (0.70x vs 0.45x), so that the size of the image transmitted appears closer to the size seen with the naked human eye. The following table reports on some other key feature differences and similarities of the Leica V-LUX Typ 114, the Olympus E-500, 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 V-LUX Typ 114	2359	n	3.0 / 921	swivel	n	1/4000s	12.0/s	Y	Y
2.		Olympus E-500	optical	n	2.5 / 215	fixed	n	1/4000s	2.5/s	Y	n
3.		Leica V-LUX 5	2360	n	3.0 / 1240	swivel	Y	1/4000s	12.0/s	Y	Y
4.		Leica Q Typ 116	3680	n	3.0 / 1040	fixed	Y	1/2000s	10.0/s	n	Y
5.		Leica D-LUX Typ 109	2764	n	3.0 / 921	fixed	n	1/4000s	11.0/s	n	Y
6.		Leica X Vario	optional	n	3.0 / 920	fixed	n	1/2000s	5.0/s	Y	n
7.		Leica V-LUX 4	1312	n	3.0 / 460	swivel	n	1/4000s	12.0/s	Y	Y
8.		Olympus E-410	optical	n	2.5 / 215	fixed	n	1/4000s	3.0/s	Y	n
9.		Olympus E-510	optical	n	2.5 / 215	fixed	n	1/4000s	3.0/s	Y	Y
10.		Olympus E-330	optical	n	2.5 / 215	tilting	n	1/4000s	3.0/s	Y	n
11.		Olympus E-400	optical	n	2.5 / 215	fixed	n	1/4000s	3.0/s	Y	n
12.		Olympus E-300	optical	n	1.8 / 134	fixed	n	1/4000s	2.5/s	Y	n
13.		Panasonic FZ2500	2360	n	3.0 / 1040	swivel	Y	1/4000s	12.0/s	Y	Y
14.		Panasonic FZ1000	2359	n	3.0 / 921	swivel	n	1/4000s	12.0/s	Y	Y
15.		Sony RX100 VI	2359	n	3.0 / 1229	tilting	Y	1/2000s	24.0/s	Y	Y
16.		Sony RX10 II	2359	Y	3.0 / 1229	tilting	n	1/3200s	14.0/s	Y	Y
17.		Sony RX10	1440	Y	3.0 / 1229	tilting	n	1/3200s	10.0/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 Typ 114 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 Typ 114 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.

The V-LUX Typ 114 writes its imaging data to SDXC cards, while the E-500 uses Compact Flash or xD Picture cards. The E-500 features dual card slots, which can be very useful in case a memory card fails. In contrast, the V-LUX Typ 114 only has one slot.

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 (Typ 114) and Olympus Evolt E-500 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 Typ 114	Y	stereo / mono	Y	-	micro	2.0	Y	Y	-
2.		Olympus E-500	Y	- / -	-	-	-	2.0	-	-	-
3.		Leica V-LUX 5	Y	stereo / mono	-	-	micro	2.0	Y	-	Y
4.		Leica Q Typ 116	Y	stereo / mono	-	-	micro	2.0	Y	Y	-
5.		Leica D-LUX Typ 109	Y	stereo / mono	-	-	micro	2.0	Y	Y	-
6.		Leica X Vario	Y	stereo / mono	-	-	mini	2.0	-	-	-
7.		Leica V-LUX 4	Y	stereo / mono	Y	-	mini	2.0	-	-	-
8.		Olympus E-410	Y	- / -	-	-	-	2.0	-	-	-
9.		Olympus E-510	Y	- / -	-	-	-	2.0	-	-	-
10.		Olympus E-330	Y	- / -	-	-	-	2.0	-	-	-
11.		Olympus E-400	Y	- / -	-	-	-	2.0	-	-	-
12.		Olympus E-300	Y	- / -	-	-	-	2.0	-	-	-
13.		Panasonic FZ2500	Y	stereo / mono	Y	Y	micro	2.0	Y	-	-
14.		Panasonic FZ1000	Y	stereo / mono	Y	-	micro	2.0	Y	Y	-
15.		Sony RX100 VI	-	stereo / mono	-	-	micro	2.0	Y	Y	Y
16.		Sony RX10 II	Y	stereo / mono	Y	Y	micro	2.0	Y	Y	-
17.		Sony RX10	Y	stereo / mono	Y	Y	micro	2.0	Y	Y	-

It is notable that the V-LUX Typ 114 offers wifi support, while the E-500 does not. Wifi can be a very convenient means to transfer image data to an off-camera location.

Both the V-LUX Typ 114 and the E-500 have been discontinued, but can regularly be found used on ebay. The E-500 was replaced by the Olympus E-510, while the V-LUX Typ 114 was followed by the Leica V-LUX 5. Further information on the features and operation of the V-LUX Typ 114 and E-500 can be found, respectively, in the Leica V-LUX Typ 114 Manual (free pdf) or the online Olympus E-500 Manual.

Review summary

So what is the bottom line? Is the Leica V-LUX Typ 114 better than the Olympus E-500 or vice versa? A synthesis of the relative strong points of each of the models is listed below.

Arguments in favor of the Leica V-LUX (Typ 114):

• More detail: Offers more megapixels (20 vs 8MP) with a 61% higher linear resolution.
• Broader imaging potential: Can record not only still images but also 4K/30p movies.
• More framing info: Has an electronic viewfinder that displays shooting data.
• More complete view: Has a viewfinder with a larger field of view (100% vs 95%).
• Larger viewfinder image: Features a viewfinder with a higher magnification (0.70x vs 0.45x).
• 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 (921k vs 215k 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 2.5 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: Comes with a built-in lens, while the E-500 requires a separate lens.
• Sharper images: Has hand-shake reducing image stabilization built-in.
• Easier file upload: Has wifi built in for automatic backup or image transfer to the web.
• Easier device pairing: Supports NFC for fast wireless image transfer over short distances.
• More prestigious: Has the Leica luxury appeal, which ensures a high resale price.
• More modern: Reflects 8 years and 11 months of technical progress since the E-500 launch.

Advantages of the Olympus Evolt E-500:

• Brighter framing: Features an optical viewfinder for clear, lag-free composition.
• More flexible: Makes it possible to change lenses and thus to use specialty optics.
• Longer lasting: Gets more shots (750 versus 360) out of a single battery charge.
• Greater peace of mind: Features a second card slot as a backup in case of memory card failure.
• More heavily discounted: Has been around for much longer (launched in September 2005).

If the count of individual advantages (bullet points above) is taken as a guide, the V-LUX Typ 114 is the clear winner of the match-up (18 : 5 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 wildlife photographer will view the differences between cameras in a way that diverges from the perspective of a family photog, and a person interested in architecture has distinct needs from a sports 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 Typ 114 and the Olympus E-500 place the cameras among the top in their class? Find out in the latest Best Superzoom Camera and Best DSLR 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 Typ 114 or the E-500 perform in practice. 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 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 (USD)	Street Price
1.		Leica V-LUX Typ 114	..	..	..	..	..	5/5	Sep 2014	1,349	ebay.com
2.		Olympus E-500	..	76/100	..	+ +	..	..	Sep 2005	599	ebay.com
3.		Leica V-LUX 5	..	..	..	..	4/5	4/5	Jul 2019	1,249	amazon.com
4.		Leica Q Typ 116	5/5	..	..	80/100	4.5/5	4.5/5	Jun 2015	4,249	ebay.com
5.		Leica D-LUX Typ 109	..	..	..	..	4.5/5	4.5/5	Sep 2014	1,195	ebay.com
6.		Leica X Vario	3/5	..	..	..	4/5	4/5	Jun 2013	2,850	ebay.com
7.		Leica V-LUX 4	..	..	..	..	..	..	Sep 2012	949	ebay.com
8.		Olympus E-410	..	86/100	..	+ +	4/5	4.5/5	Mar 2007	699	ebay.com
9.		Olympus E-510	..	89/100	..	+ +	3.5/5	4.5/5	Mar 2007	799	ebay.com
10.		Olympus E-330	..	..	..	+	o	..	Jan 2006	999	ebay.com
11.		Olympus E-400	..	85/100	..	..	4/5	4/5	Sep 2006	699	ebay.com
12.		Olympus E-300	..	..	..	+	o	4.5/5	Sep 2004	799	ebay.com
13.		Panasonic FZ2500	..	+	..	82/100	4.5/5	5/5	Sep 2016	1,199	amazon.com
14.		Panasonic FZ1000	4/5	+ +	..	82/100	4.5/5	4.5/5	Jun 2014	899	ebay.com
15.		Sony RX100 VI	4.5/5	+ +	..	83/100	4/5	4.5/5	Jun 2018	1,199	ebay.com
16.		Sony RX10 II	5/5	+ +	..	82/100	4.5/5	4/5	Jun 2015	1,299	ebay.com
17.		Sony RX10	5/5	+	..	80/100	4.5/5	4.5/5	Oct 2013	1,299	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. Hence, a score should always be seen in the context of the camera's market launch date and its price, and comparing ratings of very distinct cameras or ones that are far apart in terms of their release date have little meaning. Also, kindly note that some of the listed sites have over time developped their review approaches and their reporting style.

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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. Alternatively, you can follow any of the listed hyperlinks for comparisons that others found interesting.

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