Leica V-Lux 20 has a
12.0MP 1/2.3-inch (6.08 x 4.56 mm ) sized CCD sensor . On the other hand, Panasonic F5 has a
14.0MP 1/2.3-inch (6.08 x 4.56 mm ) sized CCD sensor .
Below you can see the V-Lux 20 and F5 sensor size comparison.
Sensor Size and Resolution Comparison image of Leica V-Lux 20 and Panasonic F5 Cameras
Leica V-Lux 20 and Panasonic F5 have the same sensor sizes so they will provide same level of control over the depth of field when used with same focal length and aperture. On the other hand, since Leica V-Lux 20 has 16% larger pixel area compared to Panasonic F5, it has potential to collect more light on pixel level hence have less noise in low light / High ISO images.
Sensor size sets the circle of confusion, so it drives how much depth of field each
of these bodies gives you at a given aperture. You can calculate it exactly for the
Leica V-Lux 20
or the
Panasonic F5 ,
including hyperfocal distance.