Olympus E-5 vs Leica M Typ 262

The Olympus E-5 and the Leica M (Typ 262) are two digital cameras that were announced, respectively, in September 2010 and November 2015. The E-5 is a DSLR, while the M Typ 262 is a rangefinder-focusing mirrorless camera. The cameras are based on a Four Thirds (E-5) and a full frame (M Typ 262) sensor. The Olympus has a resolution of 12.2 megapixels, whereas the Leica provides 23.7 MP.

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

Headline Specifications

Olympus E-5		Leica M Typ 262
Digital single lens reflex		Rangefinder camera
Four Thirds lenses		Leica M mount lenses
12.2 MP – Four Thirds sensor		23.7 MP – Full Frame sensor
720/30p Video		no Video
ISO 100-6,400		ISO 200-6,400
Optical viewfinder		Optical viewfinder
3.0" LCD – 920k dots		3.0" LCD – 921k dots
Swivel screen (not touch-sensitive)		Fixed screen (not touch-sensitive)
5 shutter flaps per second		3 shutter flaps per second
In-body stabilization		no shake reduction
Weathersealed body		Weathersealed body
750 shots per battery charge		400 shots per battery charge
142 x 117 x 75 mm, 873 g		139 x 80 x 42 mm, 680 g

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Going beyond this snapshot of core features and characteristics, what are the differences between the Olympus E-5 and the Leica M (Typ 262)? 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 side-by-side display below illustrates the physical size and weight of the Olympus E-5 and the Leica M Typ 262. 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 M Typ 262 can be obtained in two different colors (black, silver), while the E-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 Leica M Typ 262 is considerably smaller (33 percent) than the Olympus E-5. Moreover, the M Typ 262 is markedly lighter (22 percent) than the E-5. In this context, it is worth noting that both cameras are splash and dust-proof and can, hence, be used in inclement weather conditions or harsh environments.

The above size and weight comparisons are to some extent incomplete since they do not consider the interchangeable lenses that both of these cameras require. A larger imaging sensor will tend to go along with bigger and heavier lenses, although exceptions exist. You can compare the optics available for the two cameras in the Four Thirds Lens Catalog (E-5) and the Leica M Lens Catalog (M Typ 262).

Concerning battery life, the E-5 gets 750 shots out of its Olympus BLM-5 battery, while the M Typ 262 can take 400 images on a single charge of its Leica BP-SCL2 power pack.

The table below summarizes the key physical specs of the two cameras alongside a broader set of comparators. 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.		Olympus E-5	142 mm	117 mm	75 mm	873 g	750	Y	Sep 2010	1,699	ebay.com
2.		Leica M Typ 262	139 mm	80 mm	42 mm	680 g	400	Y	Nov 2015	5,195	ebay.com
3.		Canon 1D X Mark II	158 mm	168 mm	83 mm	1530 g	1210	Y	Feb 2016	5,999	ebay.com
4.		Leica M-E Typ 240	139 mm	80 mm	42 mm	680 g	500	Y	Jun 2019	3,999	ebay.com
5.		Leica M10	139 mm	80 mm	39 mm	660 g	210	Y	Jan 2017	6,595	ebay.com
6.		Leica Q Typ 116	130 mm	80 mm	93 mm	640 g	300	n	Jun 2015	4,249	ebay.com
7.		Leica M Typ 240	139 mm	80 mm	42 mm	680 g	500	Y	Sep 2012	6,950	ebay.com
8.		Olympus E-PL1	115 mm	72 mm	42 mm	334 g	290	n	Feb 2010	599	ebay.com
9.		Olympus E-600	130 mm	94 mm	60 mm	535 g	500	n	Aug 2009	449	ebay.com
10.		Olympus E-620	130 mm	94 mm	60 mm	521 g	500	n	Feb 2009	699	ebay.com
11.		Olympus E-P1	121 mm	70 mm	36 mm	355 g	300	n	Jun 2009	799	ebay.com
12.		Olympus E-P2	121 mm	70 mm	36 mm	355 g	300	n	Nov 2009	799	ebay.com
13.		Olympus E-30	142 mm	108 mm	75 mm	701 g	750	n	Nov 2008	1,299	ebay.com
14.		Olympus E-520	136 mm	92 mm	68 mm	535 g	750	n	May 2008	699	ebay.com
15.		Olympus E-3	142 mm	116 mm	75 mm	876 g	750	Y	Oct 2007	1,699	ebay.com
16.		Olympus E-510	136 mm	92 mm	68 mm	538 g	750	n	Mar 2007	799	ebay.com
17.		Olympus E-1	141 mm	104 mm	81 mm	738 g	750	Y	Jun 2003	1,699	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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The price is, of course, an important factor in any camera decision. The listed launch prices provide an indication of the market segment that the manufacturer of the cameras have been targeting. The E-5 was launched at a markedly lower price (by 67 percent) than the M Typ 262, which puts it into a different market segment. 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. 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. 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 more expensive and lead to bigger and heavier cameras and lenses.

Of the two cameras under consideration, the Olympus E-5 features a Four Thirds sensor and the Leica M Typ 262 a full frame sensor. The sensor area in the M Typ 262 is 280 percent bigger. As a result of these sensor size differences, the cameras have a format factor of, respectively, 2.0 and 1.0. The sensor in the E-5 has a native 4:3 aspect ratio, while the one in the M Typ 262 offers a 3:2 aspect.

With 23.7MP, the M Typ 262 offers a higher resolution than the E-5 (12.2MP), but the M Typ 262 nevertheless has larger individual pixels (pixel pitch of 6.01μm versus 4.29μm for the E-5) due to its larger sensor. Moreover, the M Typ 262 is a much more recent model (by 5 years and 2 months) than the E-5, 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 M Typ 262 has no anti-alias filter installed, so that it can capture all the detail its sensor resolves.

The resolution advantage of the Leica M Typ 262 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the M Typ 262 for good quality output (200 dots per inch) amounts to 29.8 x 19.9 inches or 75.6 x 50.5 cm, for very good quality (250 dpi) 23.8 x 15.9 inches or 60.5 x 40.4 cm, and for excellent quality (300 dpi) 19.8 x 13.3 inches or 50.4 x 33.7 cm. The corresponding values for the Olympus E-5 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 Olympus E-5 has a native sensitivity range from ISO 100 to ISO 6400. The corresponding ISO settings for the Leica M (Typ 262) are ISO 200 to ISO 6400, with the possibility to increase the ISO range to 100-6400.

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 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 table below summarizes the physical sensor characteristics and sensor quality findings and compares them across a set of similar cameras.

Sensor Characteristics

#		Camera Model	Sensor Class	Resolution (MP)	Horiz. Pixels	Vert. Pixels	Video Format	DXO Portrait	DXO Landscape	DXO Sports	DXO Overall
1.		Olympus E-5	Four Thirds	12.2	4032	3024	720/30p	21.6	10.5	519	56
2.		Leica M Typ 262	Full Frame	23.7	5952	3976	none	24.8	13.7	2478	90
3.		Canon 1D X Mark II	Full Frame	20.0	5472	3648	4K/60p	24.1	13.5	3207	88
4.		Leica M-E Typ 240	Full Frame	23.7	5952	3976	1080/25p	25.2	14.2	2821	94
5.		Leica M10	Full Frame	23.8	5952	3992	none	24.4	13.2	2133	86
6.		Leica Q Typ 116	Full Frame	24.0	6000	4000	1080/60p	24.3	12.7	2221	85
7.		Leica M Typ 240	Full Frame	23.7	5952	3976	1080/25p	24.0	13.3	1860	84
8.		Olympus E-PL1	Four Thirds	12.2	4032	3024	720/30p	21.5	10.1	487	54
9.		Olympus E-600	Four Thirds	12.2	4032	3024	none	21.5	10.3	541	55
10.		Olympus E-620	Four Thirds	12.2	4032	3024	none	21.3	10.3	536	55
11.		Olympus E-P1	Four Thirds	12.2	4032	3024	720/30p	21.4	10.4	536	55
12.		Olympus E-P2	Four Thirds	12.2	4032	3024	720/30p	21.5	10.4	505	56
13.		Olympus E-30	Four Thirds	12.2	4032	3024	none	21.3	10.4	530	55
14.		Olympus E-520	Four Thirds	10.0	3648	2736	none	21.4	10.4	548	55
15.		Olympus E-3	Four Thirds	10.0	3648	2736	none	21.6	10.5	571	56
16.		Olympus E-510	Four Thirds	10.0	3648	2736	none	21.2	10.0	442	52
17.		Olympus E-1	Four Thirds	4.9	2560	1920	none	20.0	9.7	-145	44
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 E-5 indeed provides movie recording capabilities, while the M Typ 262 does not. The highest resolution format that the E-5 can use is 720/30p.

Feature comparison

Apart from body and sensor, cameras can and do differ across a range of features. The E-5 and the M Typ 262 are similar in the sense that both have an optical viewfinder. The latter is useful for getting a clear image for framing even in brightly lit environments. The viewfinders of both cameras offer the same field of view (100%), but the viewfinder of the M Typ 262 has a higher magnification than the one of the E-5 (0.68x vs 0.58x), 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 Olympus E-5, the Leica M Typ 262, 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.		Olympus E-5	optical	Y	3.0 / 920	swivel	n	1/8000s	5.0/s	Y	Y
2.		Leica M Typ 262	optical	n	3.0 / 921	fixed	n	1/4000s	3.0/s	n	n
3.		Canon 1D X Mark II	optical	Y	3.2 / 1620	fixed	Y	1/8000s	16.0/s	n	n
4.		Leica M-E Typ 240	optical	n	3.0 / 920	fixed	n	1/4000s	3.0/s	n	n
5.		Leica M10	optical	n	3.0 / 1037	fixed	n	1/4000s	5.0/s	n	n
6.		Leica Q Typ 116	3680	n	3.0 / 1040	fixed	Y	1/2000s	10.0/s	n	Y
7.		Leica M Typ 240	optical	n	3.0 / 920	fixed	n	1/4000s	3.0/s	n	n
8.		Olympus E-PL1	optional	n	2.7 / 230	fixed	n	1/2000s	3.0/s	Y	Y
9.		Olympus E-600	optical	n	2.7 / 230	swivel	n	1/4000s	4.0/s	Y	Y
10.		Olympus E-620	optical	n	2.7 / 230	swivel	n	1/4000s	4.0/s	Y	Y
11.		Olympus E-P1	none	n	3.0 / 230	fixed	n	1/4000s	3.0/s	n	Y
12.		Olympus E-P2	optional	n	3.0 / 230	fixed	n	1/4000s	3.0/s	n	Y
13.		Olympus E-30	optical	Y	2.7 / 230	swivel	n	1/8000s	5.0/s	Y	Y
14.		Olympus E-520	optical	n	2.7 / 215	fixed	n	1/4000s	3.5/s	Y	Y
15.		Olympus E-3	optical	Y	2.5 / 230	swivel	n	1/8000s	5.0/s	Y	Y
16.		Olympus E-510	optical	n	2.5 / 215	fixed	n	1/4000s	3.0/s	Y	Y
17.		Olympus E-1	optical	Y	1.8 / 134	fixed	n	1/4000s	3.0/s	n	n
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 E-5 has one, while the M Typ 262 does not. While the built-in flash of the E-5 is not very powerful, it can at times be useful as a fill-in light.

The E-5 writes its imaging data to Compact Flash or xD Picture cards, while the M Typ 262 uses SDXC cards. The E-5 features dual card slots, which can be very useful in case a memory card fails. In contrast, the M Typ 262 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 Olympus E-5 and Leica M (Typ 262) 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.		Olympus E-5	Y	stereo / -	-	-	mini	2.0	-	-	-
2.		Leica M Typ 262	Y	- / -	-	-	-	2.0	-	-	-
3.		Canon 1D X Mark II	Y	mono / mono	Y	Y	mini	3.0	-	-	-
4.		Leica M-E Typ 240	Y	mono / -	-	-	-	2.0	-	-	-
5.		Leica M10	Y	- / -	-	-	-	-	Y	-	-
6.		Leica Q Typ 116	Y	stereo / mono	-	-	micro	2.0	Y	Y	-
7.		Leica M Typ 240	Y	stereo / mono	-	-	-	2.0	-	-	-
8.		Olympus E-PL1	Y	stereo / -	-	-	mini	2.0	-	-	-
9.		Olympus E-600	Y	- / -	-	-	-	2.0	-	-	-
10.		Olympus E-620	Y	- / -	-	-	-	2.0	-	-	-
11.		Olympus E-P1	Y	stereo / -	-	-	mini	2.0	-	-	-
12.		Olympus E-P2	Y	stereo / -	-	-	mini	2.0	-	-	-
13.		Olympus E-30	Y	- / -	-	-	-	2.0	-	-	-
14.		Olympus E-520	Y	- / -	-	-	-	2.0	-	-	-
15.		Olympus E-3	Y	- / -	-	-	-	2.0	-	-	-
16.		Olympus E-510	Y	- / -	-	-	-	2.0	-	-	-
17.		Olympus E-1	Y	- / -	-	-	-	2.0	-	-	-

Studio photographers will appreciate that the Olympus E-5 (unlike the M Typ 262) features a PC Sync socket, so that professional strobe lights can be controlled by the camera.

Both the E-5 and the M Typ 262 have been discontinued, but can regularly be found used on ebay. The M Typ 262 was replaced by the Leica M10, while the E-5 does not have a direct successor. Further information on the features and operation of the E-5 and M Typ 262 can be found, respectively, in the Olympus E-5 Manual (free pdf) or the online Leica M Typ 262 Manual.

Review summary

So how do things add up? Is the Olympus E-5 better than the Leica M Typ 262 or vice versa? A synthesis of the relative strong points of each of the models is listed below.

Reasons to prefer the Olympus E-5:

• Better moiré control: Has an anti-alias filter to avoid artificial patterns to appear in images.
• Broader imaging potential: Can record not only still images but also 720/30p movies.
• Easier setting verification: Features an LCD display on top to control shooting parameters.
• 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 shutter: Has higher mechanical shutter speed (1/8000s vs 1/4000s) to freeze action.
• Faster burst: Shoots at higher frequency (5 vs 3 flaps/sec) to capture the decisive moment.
• Longer lasting: Can take more shots (750 versus 400) on a single battery charge.
• Sharper images: Has hand-shake reducing image stabilization built-in.
• Easier fill-in: Is equipped with a small onboard flash to brighten deep shadow areas.
• Better studio light control: Has a PC Sync socket to connect to professional strobe lights.
• Greater peace of mind: Features a second card slot as a backup in case of memory card failure.
• More affordable: Was introduced into a lower priced category (67 percent cheaper at launch).
• More heavily discounted: Has been available for much longer (launched in September 2010).

Arguments in favor of the Leica M (Typ 262):

• More detail: Has more megapixels (23.7 vs 12.2MP), which boosts linear resolution by 42%.
• Maximized detail: Lacks an anti-alias filter to exploit the sensor's full resolution potential.
• 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.
• Larger viewfinder image: Features a viewfinder with a higher magnification (0.68x vs 0.58x).
• More compact: Is smaller (139x80mm vs 142x117mm) and will fit more readily into a bag.
• Less heavy: Has a lower weight (by 193g or 22 percent) and is thus easier to take along.
• More prestigious: Has the Leica luxury appeal, which ensures a high resale value.
• More modern: Reflects 5 years and 2 months of technical progress since the E-5 launch.

If the number of relative strengths (bullet points above) is taken as a guide, the E-5 emerges as the winner of the contest (14 : 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 sports photographer will view the differences between cameras in a way that diverges from the perspective of a street photog, and a person interested in family portraits has distinct needs from a landscape 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 remains incomplete and does no justice, for example, to the way the E-5 or the M Typ 262 perform in practice. 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 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.		Olympus E-5	4/5	..	..	75/100	4/5	4.5/5	Sep 2010	1,699	ebay.com
2.		Leica M Typ 262	..	..	..	..	..	..	Nov 2015	5,195	ebay.com
3.		Canon 1D X Mark II	..	..	4.5/5	89/100	4.5/5	4.5/5	Feb 2016	5,999	ebay.com
4.		Leica M-E Typ 240	..	..	..	..	..	..	Jun 2019	3,999	ebay.com
5.		Leica M10	4.5/5	..	..	..	4/5	4.5/5	Jan 2017	6,595	ebay.com
6.		Leica Q Typ 116	5/5	..	..	80/100	4.5/5	4.5/5	Jun 2015	4,249	ebay.com
7.		Leica M Typ 240	4/5	..	..	..	4/5	..	Sep 2012	6,950	ebay.com
8.		Olympus E-PL1	..	86/100	..	69/100	4/5	4.5/5	Feb 2010	599	ebay.com
9.		Olympus E-600	..	..	..	..	..	4.5/5	Aug 2009	449	ebay.com
10.		Olympus E-620	3/5	88/100	..	72/100	4.5/5	5/5	Feb 2009	699	ebay.com
11.		Olympus E-P1	..	+	..	66/100	4/5	4.5/5	Jun 2009	799	ebay.com
12.		Olympus E-P2	3/5	+	..	69/100	4/5	4.5/5	Nov 2009	799	ebay.com
13.		Olympus E-30	..	..	..	71/100	4.5/5	4/5	Nov 2008	1,299	ebay.com
14.		Olympus E-520	..	87/100	..	+ +	4.5/5	4.5/5	May 2008	699	ebay.com
15.		Olympus E-3	..	88/100	..	+ +	o	4/5	Oct 2007	1,699	ebay.com
16.		Olympus E-510	..	89/100	..	+ +	3.5/5	4.5/5	Mar 2007	799	ebay.com
17.		Olympus E-1	..	..	..	+	o	..	Jun 2003	1,699	ebay.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

The above review scores should be interpreted with care, 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 comparisons of ratings among very different cameras or across long time periods 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? In case you are interested in seeing how other cameras pair up, just make a corresponding selection in the search boxes below. There is also a set of direct links to comparison reviews that other users of the CAM-parator app explored.

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