Nikon 1 J5 has a 21.0MP 1' (13.2 x 8.8 mm ) sized BSI-CMOS sensor and features Expeed 5A processor. On the other hand, YI M1 has a 20.0MP Four Thirds (17.3 x 13 mm ) sized CMOS sensor .
Another difference between these two cameras is that Nikon 1 J5's sensor lacks anti-alias (Low-Pass) filter. Removing anti-alias filter increases the sharpness and level of detail but at the same time, it increases the chance of moiré occurring in certain scenes.
Below you can see the J5 and M1 sensor size comparison.
As seen above, YI M1 has a 1.9x Larger sensor area than Nikon 1 J5. Larger sensors give photographer more control on the depth of field and blurry background compared to smaller sensor when shot in same focal length and aperture.