Leica M10 vs Olympus XZ-2

The Leica M10 (Typ 3656) and the Olympus XZ-2 are two digital cameras that were revealed to the public, respectively, in January 2017 and September 2012. The M10 is a rangefinder-focusing mirrorless camera, while the XZ-2 is a fixed lens compact. The cameras are based on a full frame (M10) and a 1/1.7-inch (XZ-2) sensor. The Leica has a resolution of 23.8 megapixels, whereas the Olympus provides 11.8 MP.

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

Headline Specifications

Leica M10		Olympus XZ-2
Rangefinder camera		Fixed lens compact camera
Leica M mount lenses		28-112mm f/1.8-2.5
23.8 MP – Full Frame sensor		11.8 MP – 1/1.7" sensor
no Video		1080/30p Video
ISO 100-50,000		ISO 100-12,800
Optical viewfinder		Viewfinder optional
3.0" LCD – 1037k dots		3.0" LCD – 920k dots
Fixed screen (not touch-sensitive)		Tilting touchscreen
5 shutter flaps per second		5 shutter flaps per second
no shake reduction		In-body stabilization
Weathersealed body		not weather sealed
210 shots per battery charge		340 shots per battery charge
139 x 80 x 39 mm, 660 g		113 x 65 x 48 mm, 346 g

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Going beyond this snapshot of core features and characteristics, what are the differences between the Leica M10 (Typ 3656) and the Olympus XZ-2? 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 M10 and the Olympus XZ-2 is provided in the side-by-side display below. The two cameras are presented according to their relative size. Three successive views from the front, the top, and the rear are shown. All size dimensions are rounded to the nearest millimeter.

The M10 can be obtained in two different colors (black, silver), while the XZ-2 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 Olympus XZ-2 is considerably smaller (34 percent) than the Leica M10. It is worth mentioning in this context that the M10 is splash and dust resistant, while the XZ-2 does not feature any corresponding weather-sealing.

The above size and weight comparisons are to some extent incomplete and possibly misleading, as the XZ-2 has a lens built in, whereas the M10 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 M10 and their specifications in the Leica M Lens Catalog.

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.		Leica M10	139 mm	80 mm	39 mm	660 g	210	Y	Jan 2017	6,595	ebay.com
2.		Olympus XZ-2	113 mm	65 mm	48 mm	346 g	340	n	Sep 2012	599	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.		Canon 6D Mark II	144 mm	111 mm	75 mm	765 g	1200	Y	Jun 2017	1,999	amazon.com
5.		Leica M Typ 240	139 mm	80 mm	42 mm	680 g	500	Y	Sep 2012	6,950	ebay.com
6.		Leica M-E Typ 240	139 mm	80 mm	42 mm	680 g	500	Y	Jun 2019	3,999	ebay.com
7.		Leica M Typ 262	139 mm	80 mm	42 mm	680 g	400	Y	Nov 2015	5,195	ebay.com
8.		Leica M10-P	139 mm	80 mm	39 mm	660 g	210	Y	Aug 2018	7,995	ebay.com
9.		Leica M11	139 mm	80 mm	39 mm	640 g	700	Y	Jan 2022	8,995	amazon.com
10.		Leica Q Typ 116	130 mm	80 mm	93 mm	640 g	300	n	Jun 2015	4,249	ebay.com
11.		Leica SL	147 mm	104 mm	39 mm	847 g	400	Y	Oct 2015	7,450	ebay.com
12.		Nikon D5	160 mm	159 mm	92 mm	1415 g	3780	Y	Jan 2016	6,499	ebay.com
13.		Olympus E-PL2	114 mm	72 mm	42 mm	362 g	280	n	Jan 2011	599	ebay.com
14.		Olympus E-PL3	110 mm	64 mm	37 mm	313 g	300	n	Jun 2011	599	ebay.com
15.		Olympus Stylus 1	116 mm	87 mm	57 mm	402 g	410	n	Oct 2013	699	ebay.com
16.		Olympus XZ-1	111 mm	65 mm	42 mm	275 g	320	n	Jan 2011	499	ebay.com
17.		Pentax MX-1	122 mm	61 mm	51 mm	391 g	290	n	Jan 2013	499	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 obviously take relative prices into account. The manufacturer’s suggested retail prices give an idea on the placement of the camera in the maker’s lineup and the broader market. The XZ-2 was launched at a lower price than the M10, despite having a lens built in. 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.

Sensor comparison

The size of the imaging sensor is a crucial determinant of image quality. A large sensor will tend to have larger individual pixels that provide better low-light sensitivity, wider dynamic range, and richer color-depth than smaller pixel-units 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 Leica M10 features a full frame sensor and the Olympus XZ-2 a 1/1.7-inch sensor. The sensor area in the XZ-2 is 95 percent smaller. As a result of these sensor size differences, the cameras have a format factor of, respectively, 1.0 and 4.4. The sensor in the M10 has a native 3:2 aspect ratio, while the one in the XZ-2 offers a 4:3 aspect.

With 23.8MP, the M10 offers a higher resolution than the XZ-2 (11.8MP), but the M10 nevertheless has larger individual pixels (pixel pitch of 6.00μm versus 1.91μm for the XZ-2) due to its larger sensor. Moreover, the M10 is a much more recent model (by 4 years and 4 months) than the XZ-2, and its sensor will have benefitted from technological advances during this time that further enhance the light gathering capacity of its pixels. Coming back to sensor resolution, it should be mentioned that the M10 has no anti-alias filter installed, so that it can capture all the detail its sensor resolves.

The resolution advantage of the Leica M10 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the M10 for good quality output (200 dots per inch) amounts to 29.8 x 20 inches or 75.6 x 50.7 cm, for very good quality (250 dpi) 23.8 x 16 inches or 60.5 x 40.6 cm, and for excellent quality (300 dpi) 19.8 x 13.3 inches or 50.4 x 33.8 cm. The corresponding values for the Olympus XZ-2 are 19.8 x 14.9 inches or 50.4 x 37.8 cm for good quality, 15.9 x 11.9 inches or 40.3 x 30.2 cm for very good quality, and 13.2 x 9.9 inches or 33.6 x 25.2 cm for excellent quality prints.

The Leica M10 (Typ 3656) has a native sensitivity range from ISO 100 to ISO 50000. The corresponding ISO settings for the Olympus XZ-2 are ISO 100 to ISO 12800 (no boost).

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 determines an overall sensor rating, as well as sub-scores for low-light sensitivity ("DXO Sports"), dynamic range ("DXO Landscape"), and color depth ("DXO Portrait"). Of the two cameras under review, the M10 provides substantially higher image quality than the XZ-2, with an overall score that is 37 points higher. This advantage is based on 4 bits higher color depth, 1.9 EV in additional dynamic range, and 3.3 stops in additional low light sensitivity. 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 M10	Full Frame	23.8	5952	3992	none	24.4	13.2	2133	86
2.		Olympus XZ-2	1/1.7	11.8	3968	2976	1080/30p	20.4	11.3	216	49
3.		Canon 1D X Mark II	Full Frame	20.0	5472	3648	4K/60p	24.1	13.5	3207	88
4.		Canon 6D Mark II	Full Frame	26.0	6240	4160	1080/60p	24.4	11.9	2862	85
5.		Leica M Typ 240	Full Frame	23.7	5952	3976	1080/25p	24.0	13.3	1860	84
6.		Leica M-E Typ 240	Full Frame	23.7	5952	3976	1080/25p	25.2	14.2	2821	94
7.		Leica M Typ 262	Full Frame	23.7	5952	3976	none	24.8	13.7	2478	90
8.		Leica M10-P	Full Frame	23.8	5952	3992	none	25.1	14.1	2739	93
9.		Leica M11	Full Frame	60.3	9528	6328	none	26.3	14.8	3376	100
10.		Leica Q Typ 116	Full Frame	24.0	6000	4000	1080/60p	24.3	12.7	2221	85
11.		Leica SL	Full Frame	24.0	6000	4000	4K/30p	25.0	13.4	1821	88
12.		Nikon D5	Full Frame	20.7	5588	3712	4K/30p	25.1	12.3	2343	88
13.		Olympus E-PL2	Four Thirds	12.2	4032	3024	720/30p	21.4	10.2	573	55
14.		Olympus E-PL3	Four Thirds	12.2	4032	3024	1080/60i	20.9	10.3	499	52
15.		Olympus Stylus 1	1/1.7	11.8	3968	2976	1080/30p	20.7	11.6	179	51
16.		Olympus XZ-1	1/1.7	10.1	3664	2752	720/30p	18.8	10.4	117	34
17.		Pentax MX-1	1/1.7	12.0	4000	3000	1080/30p	20.4	11.3	208	49
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 XZ-2 indeed provides for movie recording, while the M10 does not. The highest resolution format that the XZ-2 can use is 1080/30p.

Feature comparison

Apart from body and sensor, cameras can and do differ across a range of features. For example, the M10 has an optical viewfinder, which can be very useful when shooting in bright sunlight. In contrast, the XZ-2 relies on live view and the rear LCD for framing. That said, the XZ-2 can be equipped with an optional viewfinder – the VF-2. The table below summarizes some of the other core capabilities of the Leica M10 and Olympus XZ-2 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 M10	optical	n	3.0 / 1037	fixed	n	1/4000s	5.0/s	n	n
2.		Olympus XZ-2	optional	n	3.0 / 920	tilting	Y	1/2000s	5.0/s	Y	Y
3.		Canon 1D X Mark II	optical	Y	3.2 / 1620	fixed	Y	1/8000s	16.0/s	n	n
4.		Canon 6D Mark II	optical	Y	3.0 / 1040	swivel	Y	1/4000s	6.5/s	n	n
5.		Leica M Typ 240	optical	n	3.0 / 920	fixed	n	1/4000s	3.0/s	n	n
6.		Leica M-E Typ 240	optical	n	3.0 / 920	fixed	n	1/4000s	3.0/s	n	n
7.		Leica M Typ 262	optical	n	3.0 / 921	fixed	n	1/4000s	3.0/s	n	n
8.		Leica M10-P	optical	n	3.0 / 1037	fixed	Y	1/4000s	5.0/s	n	n
9.		Leica M11	optical	n	3.0 / 2333	fixed	Y	1/4000s	4.5/s	n	n
10.		Leica Q Typ 116	3680	n	3.0 / 1040	fixed	Y	1/2000s	10.0/s	n	Y
11.		Leica SL	4400	Y	3.0 / 1040	fixed	Y	1/8000s	11.0/s	n	n
12.		Nikon D5	optical	Y	3.2 / 2359	fixed	Y	1/8000s	14.0/s	n	n
13.		Olympus E-PL2	optional	n	3.0 / 460	fixed	n	1/4000s	3.0/s	Y	Y
14.		Olympus E-PL3	optional	n	3.0 / 460	tilting	n	1/4000s	5.5/s	n	Y
15.		Olympus Stylus 1	1440	n	3.0 / 1040	tilting	Y	1/2000s	7.0/s	Y	Y
16.		Olympus XZ-1	optional	n	3.0 / 614	fixed	n	1/2000s	2.0/s	Y	Y
17.		Pentax MX-1	none	n	3.0 / 920	tilting	n	1/8000s	1.0/s	Y	Y
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 XZ-2 has a touchscreen, while the M10 has a conventional panel. Touch control can be particularly helpful, for example, for setting the focus point.

The Leica M10 and the Olympus XZ-2 both have 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.

Concerning the storage of imaging data, both the M10 and the XZ-2 write their files to SDXC cards. The M10 supports UHS-I cards (Ultra High Speed data transfer of up to 104 MB/s), while the XZ-2 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 M10 (Typ 3656) and Olympus XZ-2 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 M10	Y	- / -	-	-	-	-	Y	-	-
2.		Olympus XZ-2	Y	stereo / mono	-	-	mini	2.0	-	-	-
3.		Canon 1D X Mark II	Y	mono / mono	Y	Y	mini	3.0	-	-	-
4.		Canon 6D Mark II	Y	stereo / mono	Y	-	mini	2.0	Y	Y	Y
5.		Leica M Typ 240	Y	stereo / mono	-	-	-	2.0	-	-	-
6.		Leica M-E Typ 240	Y	mono / -	-	-	-	2.0	-	-	-
7.		Leica M Typ 262	Y	- / -	-	-	-	2.0	-	-	-
8.		Leica M10-P	Y	- / -	-	-	-	-	Y	-	-
9.		Leica M11	Y	- / -	-	-	-	3.2	Y	-	Y
10.		Leica Q Typ 116	Y	stereo / mono	-	-	micro	2.0	Y	Y	-
11.		Leica SL	Y	stereo / mono	Y	Y	full	3.0	Y	-	-
12.		Nikon D5	Y	stereo / mono	Y	Y	mini	3.0	-	-	-
13.		Olympus E-PL2	Y	stereo / -	-	-	mini	2.0	-	-	-
14.		Olympus E-PL3	Y	stereo / -	-	-	mini	2.0	-	-	-
15.		Olympus Stylus 1	Y	stereo / mono	-	-	micro	2.0	Y	-	-
16.		Olympus XZ-1	Y	mono / -	-	-	mini	2.0	-	-	-
17.		Pentax MX-1	-	stereo / mono	-	-	mini	2.0	-	-	-

It is notable that the M10 offers wifi support, while the XZ-2 does not. Wifi can be a very convenient means to transfer image data to an off-camera location.

Both the M10 and the XZ-2 have been discontinued, but can regularly be found used on ebay. The M10 was replaced by the Leica M11, while the XZ-2 does not have a direct successor. Further information on the features and operation of the M10 and XZ-2 can be found, respectively, in the Leica M10 Manual (free pdf) or the online Olympus XZ-2 Manual.

Review summary

So what is the bottom line? Is there a clear favorite between the Leica M10 and the Olympus XZ-2? Which camera is better? The listing below highlights the relative strengths of the two models.

Advantages of the Leica M10 (Typ 3656):

• More detail: Offers more megapixels (23.8 vs 11.8MP) with a 44% higher linear resolution.
• Maximized detail: Lacks an anti-alias filter to exploit the sensor's full resolution potential.
• Better image quality: Scores substantially higher (37 points) in the DXO overall assessment.
• Richer colors: Generates images with noticeably better colors (4 bits more color depth).
• More dynamic range: Captures a larger spectrum of light and dark details (1.9 EV of extra DR).
• Better low-light sensitivity: Requires less light for good images (3.3 stops ISO advantage).
• Easier framing: Has an optical viewfinder for image composition and settings control.
• More detailed LCD: Has a higher resolution rear screen (1037k vs 920k dots).
• Faster shutter: Has higher mechanical shutter speed (1/4000s vs 1/2000s) to freeze action.
• More flexible: Accepts interchangeable lenses, so that lens characteristics can be altered.
• Better sealing: Is weather sealed to enable shooting in dusty or wet environments.
• 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 prestigious: Has the Leica luxury appeal, which ensures a high resale price.
• More modern: Reflects 4 years and 4 months of technical progress since the XZ-2 launch.

Reasons to prefer the Olympus XZ-2:

• Better moiré control: Has an anti-alias filter to avoid artificial patterns to appear in images.
• Broader imaging potential: Can capture not only stills but also 1080/30p video.
• 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.
• Ready to shoot: Has an integrated lens, whereas the M10 necessitates an extra lens.
• More compact: Is smaller (113x65mm vs 139x80mm) and will fit more readily into a bag.
• Less heavy: Has a lower weight even though it has a lens built in (unlike the M10).
• Longer lasting: Gets more shots (340 versus 210) out of a single battery charge.
• Sharper images: Has stabilization technology built-in to reduce the impact of hand-shake.
• Easier fill-in: Has a small integrated flash to brighten shadows of backlit subjects.
• More affordable: Was introduced at a lower price, despite coming with a built-in lens.
• More heavily discounted: Has been around for much longer (launched in September 2012).

If the count of individual advantages (bullet points above) is taken as a guide, the M10 emerges as the winner of the contest (15 : 12 points). However, the pertinence of the various camera strengths will differ across photographers, so that you might want to weigh individual camera traits according to their importance for your own imaging needs before making a camera decision. 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.

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 M10 or the XZ-2 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.		Leica M10	4.5/5	..	..	..	4/5	4.5/5	Jan 2017	6,595	ebay.com
2.		Olympus XZ-2	4/5	+	..	..	4.5/5	4.5/5	Sep 2012	599	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.		Canon 6D Mark II	4/5	+	4/5	80/100	4.5/5	4/5	Jun 2017	1,999	amazon.com
5.		Leica M Typ 240	4/5	..	..	..	4/5	..	Sep 2012	6,950	ebay.com
6.		Leica M-E Typ 240	..	..	..	..	..	..	Jun 2019	3,999	ebay.com
7.		Leica M Typ 262	..	..	..	..	..	..	Nov 2015	5,195	ebay.com
8.		Leica M10-P	..	..	3/5	..	..	4/5	Aug 2018	7,995	ebay.com
9.		Leica M11	4.5/5	..	4.5/5	..	4.5/5	4.5/5	Jan 2022	8,995	amazon.com
10.		Leica Q Typ 116	5/5	..	..	80/100	4.5/5	4.5/5	Jun 2015	4,249	ebay.com
11.		Leica SL	4/5	..	4/5	84/100	4.5/5	4/5	Oct 2015	7,450	ebay.com
12.		Nikon D5	..	..	4/5	89/100	4.5/5	5/5	Jan 2016	6,499	ebay.com
13.		Olympus E-PL2	3/5	83/100	..	71/100	4.5/5	4.5/5	Jan 2011	599	ebay.com
14.		Olympus E-PL3	3/5	+ +	..	72/100	4.5/5	4/5	Jun 2011	599	ebay.com
15.		Olympus Stylus 1	..	+ +	..	..	4.5/5	4.5/5	Oct 2013	699	ebay.com
16.		Olympus XZ-1	4/5	..	..	74/100	4.5/5	4.5/5	Jan 2011	499	ebay.com
17.		Pentax MX-1	3/5	..	..	74/100	4/5	4/5	Jan 2013	499	ebay.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

Care should be taken when interpreting the review scores above, though. The assessments were made in relation to similar cameras of the same technological generation. A score, therefore, has to be seen in close connection to the price and market introduction time of the camera, 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. Alternatively, you can follow any of the listed hyperlinks for comparisons that others found interesting.

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