Leica X2 vs Olympus E-P5

The Leica X2 and the Olympus PEN E-P5 are two digital cameras that were announced, respectively, in May 2012 and May 2013. The X2 is a fixed lens compact, while the E-P5 is a mirrorless interchangeable lens camera. The cameras are based on an APS-C (X2) and a Four Thirds (E-P5) sensor. The Leica has a resolution of 16.1 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 X2		Olympus E-P5
Fixed lens compact camera		Mirrorless system camera
36mm f/2.8		Micro Four Thirds lenses
16.1 MP – APS-C sensor		15.9 MP – Four Thirds sensor
no Video		1080/30p Video
ISO 100-12,500		ISO 200-25,600
Viewfinder optional		Viewfinder optional
2.7" LCD – 230k dots		3.0" LCD – 1037k dots
Fixed screen (not touch-sensitive)		Tilting touchscreen
5 shutter flaps per second		9 shutter flaps per second
no shake reduction		In-body stabilization
450 shots per battery charge		330 shots per battery charge
124 x 69 x 52 mm, 345 g		122 x 69 x 37 mm, 420 g

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Going beyond this snapshot of core features and characteristics, what are the differences between the Leica X2 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 X2 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 perspectives from the front, the top, and the back are available. All size dimensions are rounded to the nearest millimeter.

The X2 can be obtained in two different colors (black, silver), while the E-P5 is available in three color-versions (black, silver, white).

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 somewhat smaller (2 percent) than the Leica X2. In this context, it is worth noting that neither the X2 nor the E-P5 are weather-sealed.

The above size and weight comparisons are to some extent incomplete and possibly misleading, as the X2 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 X2 gets 450 shots out of its Leica BP-DC8 battery, while the E-P5 can take 330 images on a single charge of its Olympus BLN-1 power pack.

The following table provides a synthesis of the main physical specifications of the two cameras and other similar ones. If you want to switch the focus of the display and review another camera pair, you can move across to the CAM-parator tool and choose from the broad selection of possible camera comparisons 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 X2	124 mm	69 mm	52 mm	345 g	450	n	May 2012	1,995	ebay.com
2.		Olympus E-P5	122 mm	69 mm	37 mm	420 g	330	n	May 2013	999	ebay.com
3.		Fujifilm X-A1	117 mm	67 mm	39 mm	330 g	350	n	Sep 2013	399	ebay.com
4.		Fujifilm X-E2	129 mm	75 mm	37 mm	350 g	350	n	Oct 2013	999	ebay.com
5.		Fujifilm X100S	127 mm	74 mm	54 mm	445 g	330	n	Jan 2013	1,299	ebay.com
6.		Leica T	134 mm	69 mm	33 mm	384 g	400	n	Apr 2014	1,850	ebay.com
7.		Leica TL	134 mm	69 mm	33 mm	384 g	400	n	Nov 2016	1,695	ebay.com
8.		Leica X1	124 mm	60 mm	32 mm	306 g	260	n	Sep 2009	1,995	ebay.com
9.		Leica X Vario	133 mm	73 mm	95 mm	680 g	450	n	Jun 2013	2,850	ebay.com
10.		Leica X Typ 113	133 mm	73 mm	78 mm	486 g	350	n	Sep 2014	2,295	ebay.com
11.		Nikon Coolpix A	111 mm	64 mm	40 mm	299 g	230	n	Mar 2013	1,099	ebay.com
12.		Olympus E-M1	130 mm	94 mm	63 mm	497 g	350	Y	Sep 2013	1,399	ebay.com
13.		Olympus E-M10	119 mm	82 mm	46 mm	396 g	320	n	Jan 2014	699	ebay.com
14.		Olympus E-M10 II	120 mm	83 mm	47 mm	390 g	320	n	Aug 2015	649	ebay.com
15.		Olympus PEN-F	125 mm	72 mm	37 mm	427 g	330	n	Jan 2016	1,199	ebay.com
16.		Panasonic GX7	123 mm	71 mm	55 mm	402 g	350	n	Aug 2013	999	ebay.com
17.		Ricoh GR	117 mm	61 mm	35 mm	245 g	290	n	Apr 2013	799	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 manufacturer’s suggested retail prices give an idea on the placement of the camera in the maker’s lineup and the broader market. 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. 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 are more costly to manufacture and tend to lead to bigger and heavier cameras and lenses.

Of the two cameras under consideration, the Leica X2 features an APS-C sensor and the Olympus E-P5 a Four Thirds sensor. The sensor area in the E-P5 is 39 percent smaller. As a result of these sensor size differences, the cameras have a format factor of, respectively, 1.5 and 2.0. The sensor in the X2 has a native 3:2 aspect ratio, while the one in the E-P5 offers a 4:3 aspect.

With 16.1MP, the X2 offers a slightly higher resolution than the E-P5 (15.9MP), but the X2 nevertheless has larger individual pixels (pixel pitch of 4.79μm versus 3.76μm for the E-P5) due to its larger sensor. However, the E-P5 is a somewhat more recent model (by 1 year) than the X2, and its sensor might have benefitted from technological advances during this time that enhance the light gathering capacity of its pixels.

The Leica X2 has a native sensitivity range from ISO 100 to ISO 12500. 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.

Consistent information on actual sensor performance is available from DXO Mark for many cameras. 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 X2	APS-C	16.1	4928	3264	none	23.2	12.4	1275	74
2.		Olympus E-P5	Four Thirds	15.9	4608	3456	1080/30p	22.8	12.4	895	72
3.		Fujifilm X-A1	APS-C	16.0	4896	3264	1080/30p	23.4	12.6	1390	76
4.		Fujifilm X-E2	APS-C	16.0	4896	3264	1080/60p	23.4	12.6	1400	77
5.		Fujifilm X100S	APS-C	16.0	4896	3264	1080/60p	23.3	12.5	1329	75
6.		Leica T	APS-C	16.2	4944	3278	1080/30p	23.0	12.7	1082	75
7.		Leica TL	APS-C	16.1	4928	3264	1080/30p	23.9	13.2	1690	81
8.		Leica X1	APS-C	12.2	4272	2856	none	22.6	11.8	1037	69
9.		Leica X Vario	APS-C	16.1	4928	3272	1080/30p	23.4	12.7	1320	78
10.		Leica X Typ 113	APS-C	16.1	4928	3264	1080/30p	23.6	12.8	1491	78
11.		Nikon Coolpix A	APS-C	16.1	4928	3264	1080/30p	23.4	13.8	1164	80
12.		Olympus E-M1	Four Thirds	15.9	4608	3456	1080/30p	23.0	12.7	757	73
13.		Olympus E-M10	Four Thirds	15.9	4608	3456	1080/30p	22.8	12.3	884	72
14.		Olympus E-M10 II	Four Thirds	15.9	4608	3456	1080/60p	23.1	12.5	842	73
15.		Olympus PEN-F	Four Thirds	20.2	5184	3888	1080/60p	23.1	12.4	894	74
16.		Panasonic GX7	Four Thirds	15.8	4592	3448	1080/60p	22.6	12.2	718	70
17.		Ricoh GR	APS-C	16.1	4928	3264	1080/30p	23.6	13.5	972	78
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-P5 indeed provides for movie recording, while the X2 does not. The highest resolution format that the E-P5 can use is 1080/30p.

Feature comparison

Beyond body and sensor, cameras can and do differ across a range of features. The X2 and the E-P5 are similar in the sense that neither of the two has a viewfinder. The images are, thus, framed using live view on the rear LCD. However, optional viewfinders – the EVF 2 for the X2 and the VF-4 for the E-P5 – are available as accessories. The table below summarizes some of the other core capabilities of the Leica X2 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 X2	optional	n	2.7 / 230	fixed	n	1/2000s	5.0/s	Y	n
2.		Olympus E-P5	optional	n	3.0 / 1037	tilting	Y	1/8000s	9.0/s	Y	Y
3.		Fujifilm X-A1	none	n	3.0 / 920	tilting	n	1/4000s	5.6/s	Y	n
4.		Fujifilm X-E2	2360	n	3.0 / 1040	fixed	n	1/4000s	7.0/s	Y	n
5.		Fujifilm X100S	2360	n	2.8 / 460	fixed	n	1/4000s	6.0/s	Y	n
6.		Leica T	optional	n	3.7 / 1230	fixed	Y	1/4000s	5.0/s	Y	n
7.		Leica TL	optional	n	3.7 / 1230	fixed	Y	1/4000s	5.0/s	Y	n
8.		Leica X1	none	n	2.7 / 230	fixed	n	1/2000s	3.0/s	Y	n
9.		Leica X Vario	optional	n	3.0 / 920	fixed	n	1/2000s	5.0/s	Y	n
10.		Leica X Typ 113	optional	n	3.0 / 920	fixed	n	1/2000s	5.0/s	Y	n
11.		Nikon Coolpix A	optional	n	3.0 / 921	fixed	n	1/2000s	4.0/s	Y	n
12.		Olympus E-M1	2360	n	3.0 / 1037	tilting	Y	1/8000s	10.0/s	n	Y
13.		Olympus E-M10	1440	n	3.0 / 1037	tilting	Y	1/4000s	8.0/s	Y	Y
14.		Olympus E-M10 II	2360	n	3.0 / 1040	tilting	Y	1/4000s	8.0/s	Y	Y
15.		Olympus PEN-F	2360	n	3.0 / 1037	swivel	Y	1/8000s	10.0/s	n	Y
16.		Panasonic GX7	2760	n	3.0 / 1040	tilting	Y	1/8000s	5.0/s	Y	Y
17.		Ricoh GR	optional	n	3.0 / 1230	fixed	n	1/4000s	4.0/s	Y	n
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 X2 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.

The X2 writes its imaging data to SDHC cards, while the E-P5 uses SDXC cards. The E-P5 supports UHS-I cards (Ultra High Speed data transfer of up to 104 MB/s), while the X2 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 X2 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 X2	Y	- / -	-	-	mini	2.0	-	-	-
2.		Olympus E-P5	Y	stereo / mono	-	-	micro	2.0	Y	-	-
3.		Fujifilm X-A1	Y	stereo / mono	-	-	mini	2.0	Y	-	-
4.		Fujifilm X-E2	Y	stereo / mono	Y	-	micro	2.0	Y	-	-
5.		Fujifilm X100S	Y	stereo / mono	-	-	micro	2.0	-	-	-
6.		Leica T	Y	stereo / mono	-	-	-	2.0	Y	-	-
7.		Leica TL	Y	stereo / mono	-	-	micro	2.0	Y	-	-
8.		Leica X1	Y	- / -	-	-	mini	2.0	-	-	-
9.		Leica X Vario	Y	stereo / mono	-	-	mini	2.0	-	-	-
10.		Leica X Typ 113	Y	stereo / mono	-	-	mini	2.0	-	-	-
11.		Nikon Coolpix A	Y	stereo / mono	-	-	-	2.0	-	-	-
12.		Olympus E-M1	Y	stereo / mono	Y	-	micro	2.0	Y	-	-
13.		Olympus E-M10	Y	stereo / mono	-	-	micro	2.0	Y	-	-
14.		Olympus E-M10 II	Y	stereo / mono	-	-	micro	2.0	Y	-	-
15.		Olympus PEN-F	Y	stereo / mono	-	-	micro	2.0	Y	-	-
16.		Panasonic GX7	Y	stereo / mono	-	-	mini	2.0	Y	Y	-
17.		Ricoh GR	Y	mono / mono	-	-	micro	2.0	-	-	-

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 X2 does not provide wifi capability.

Both the X2 and the E-P5 have been discontinued, but can regularly be found used on ebay. The E-P5 was replaced by the Olympus E-P7, while the X2 does not have a direct successor. Further information on the features and operation of the X2 and E-P5 can be found, respectively, in the Leica X2 Manual (free pdf) or the online Olympus E-P5 Manual.

Review summary

So what conclusions can be drawn? Which of the two cameras – the Leica X2 or the Olympus E-P5 – has the upper hand? Is one clearly better than the other? The listing below highlights the relative strengths of the two models.

Reasons to prefer the Leica X2:

• Better image quality: Features bigger pixels on a larger sensor for higher quality imaging.
• Richer colors: The pixel size advantage translates into images with better, more accurate colors.
• More dynamic range: Larger pixels capture a wider spectrum of light and dark details.
• Better low-light sensitivity: Larger pixels means good image quality even under poor lighting.
• Ready to shoot: Has a lens built-in, whereas the E-P5 requires a separate lens.
• Less heavy: Is lighter even though it comes with a built-in lens (unlike the E-P5).
• Longer lasting: Can take more shots (450 versus 330) 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 May 2012).

Advantages of the Olympus PEN E-P5:

• Broader imaging potential: Can capture not only stills but also 1080/30p video.
• Larger screen: Has a bigger rear LCD (3.0" vs 2.7") for image review and settings control.
• More detailed LCD: Has a higher resolution rear screen (1037k vs 230k dots).
• More flexible LCD: Has a tilting screen for odd-angle shots in landscape orientation.
• 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.
• Faster burst: Shoots at higher frequency (9 vs 5 flaps/sec) to capture the decisive moment.
• 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.
• Sharper images: Has stabilization technology built-in to reduce the impact of hand-shake.
• 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: Was introduced somewhat (1 year) more recently.

If the count of individual advantages (bullet points above) is taken as a guide, the E-P5 is the clear winner of the contest (13 : 9 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 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 X2 and the Olympus E-P5 place the cameras among the top in their class? Find out in the latest Best Prime Lens Compact 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 X2 and the E-P5 in practical situations. User reviews that are available, for instance, at amazon can sometimes shed light on these issues, but such feedback is all too often partial, inconsistent, and inaccurate.

Expert reviews

This is where reviews by experts come in. 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 X2	3/5	..	..	..	3/5	4/5	May 2012	1,995	ebay.com
2.		Olympus E-P5	5/5	+ +	..	78/100	4.5/5	5/5	May 2013	999	ebay.com
3.		Fujifilm X-A1	..	..	..	..	4.5/5	4.5/5	Sep 2013	399	ebay.com
4.		Fujifilm X-E2	4/5	..	..	80/100	4.5/5	5/5	Oct 2013	999	ebay.com
5.		Fujifilm X100S	5/5	+ +	..	81/100	4.5/5	5/5	Jan 2013	1,299	ebay.com
6.		Leica T	3/5	..	..	..	4/5	4/5	Apr 2014	1,850	ebay.com
7.		Leica TL	..	..	..	..	..	4/5	Nov 2016	1,695	ebay.com
8.		Leica X1	3/5	..	..	+	..	4/5	Sep 2009	1,995	ebay.com
9.		Leica X Vario	3/5	..	..	..	4/5	4/5	Jun 2013	2,850	ebay.com
10.		Leica X Typ 113	3.5/5	..	..	..	3.5/5	4/5	Sep 2014	2,295	ebay.com
11.		Nikon Coolpix A	4/5	+	..	75/100	4/5	4/5	Mar 2013	1,099	ebay.com
12.		Olympus E-M1	5/5	+ +	..	84/100	4.5/5	4.5/5	Sep 2013	1,399	ebay.com
13.		Olympus E-M10	4/5	..	..	80/100	5/5	5/5	Jan 2014	699	ebay.com
14.		Olympus E-M10 II	4.5/5	+ +	..	80/100	5/5	5/5	Aug 2015	649	ebay.com
15.		Olympus PEN-F	..	..	4/5	82/100	4.5/5	5/5	Jan 2016	1,199	ebay.com
16.		Panasonic GX7	4/5	+	..	79/100	5/5	5/5	Aug 2013	999	ebay.com
17.		Ricoh GR	5/5	..	..	79/100	4.5/5	4.5/5	Apr 2013	799	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. 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

Did this review help to inform your camera decision process? If you would like to see a different side-by-side camera review, just make a corresponding selection in the search boxes below. 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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