In the realm of digital audio, the iFi Zen DAC V2 and SMSL M500 stand as formidable contenders, each promising an immersive and refined listening experience. This comprehensive comparison guide delves into the intricacies of these two exceptional DACs, analyzing their features, sound quality, and overall value to help you make an informed decision.

Design and Build Quality

iFi Zen DAC V2:
The Zen DAC V2 boasts a sleek and minimalist design, featuring an aluminum chassis that exudes both durability and sophistication. Its compact form factor makes it ideal for desktop setups or portable use.

SMSL M500:
The M500, on the other hand, adopts a more traditional design with a sturdy metal chassis and a large, informative display. Its larger size provides ample space for additional features and connectivity options.

Features and Connectivity

iFi Zen DAC V2:
The Zen DAC V2 offers a wide array of features, including:

• True Native DSD512 and PCM768kHz decoding
• Balanced XLR and single-ended RCA outputs
• 4.4mm balanced headphone output
• XBass+ and XSpace enhancements for customizable sound

SMSL M500:
The M500 boasts an equally impressive feature set:

• True Native DSD512 and PCM768kHz decoding
• Balanced XLR, single-ended RCA, and coaxial outputs
• 6.35mm and 4.4mm headphone outputs
• Parametric EQ and filter options for fine-tuning

Sound Quality

iFi Zen DAC V2:
The Zen DAC V2 delivers a warm and engaging sound with a rich, detailed midrange and a tight, controlled bass response. Its XBass+ and XSpace enhancements allow for further customization, tailoring the sound to personal preferences.

SMSL M500:
The M500 produces a more analytical and transparent sound, with a crisp and defined high end and a well-articulated bass. Its parametric EQ offers exceptional flexibility in shaping the sound profile to suit specific headphones or listening environments.

Power Output and Headphone Amplification

iFi Zen DAC V2:
The Zen DAC V2’s headphone amplifier provides ample power, driving most headphones with ease. Its 4.4mm balanced output offers a noticeably wider soundstage and improved clarity.

SMSL M500:
The M500 features a more powerful headphone amplifier, capable of driving even demanding headphones. Its 6.35mm and 4.4mm outputs provide a choice of connections, ensuring compatibility with a wide range of headphones.

Value for Money

iFi Zen DAC V2:
Priced at around $249, the Zen DAC V2 offers a compelling value proposition, delivering excellent sound quality, a comprehensive feature set, and a premium build quality.

SMSL M500:
The M500, priced at around $399, is slightly more expensive than the Zen DAC V2. However, it provides additional features, such as a larger display, parametric EQ, and a more powerful headphone amplifier, justifying its higher price point.

Which DAC is Right for You?

The choice between the iFi Zen DAC V2 and SMSL M500 ultimately depends on individual preferences and needs. If you prioritize a warm and engaging sound, a compact form factor, and a budget-friendly price, the Zen DAC V2 is an excellent choice. If you value analytical sound, extensive customization options, and a powerful headphone amplifier, the M500 is the better option.

Beyond the Comparison: Additional Considerations

Other DACs to Consider:

• Schiit Modi 3+
• Topping E30
• AudioQuest DragonFly Cobalt

Headphone Pairing:

The sound quality of a DAC can vary depending on the headphones used. Consider the impedance and sensitivity of your headphones when choosing a DAC.

Listening Environment:

The acoustics of your listening room can also impact the perceived sound quality. Treat your room with acoustic panels or diffusers to minimize unwanted reflections and improve the listening experience.

Top Questions Asked

Q1: Can both DACs decode MQA files?
A1: No, neither the iFi Zen DAC V2 nor the SMSL M500 supports MQA decoding.

Q2: Which DAC has a better Bluetooth connection?
A2: Neither DAC features Bluetooth connectivity.

Q3: Can I use the DACs as a preamplifier?
A3: Yes, both the Zen DAC V2 and M500 can be used as preamplifiers, providing volume control and output to an amplifier or powered speakers.