Leica S2 vs Olympus XZ-2

The Leica S2 and the Olympus XZ-2 are two digital cameras that were officially introduced, respectively, in September 2008 and September 2012. The S2 is a DSLR, while the XZ-2 is a fixed lens compact. The cameras are based on a medium format (S2) and a 1/1.7-inch (XZ-2) sensor. The Leica has a resolution of 37.5 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 S2		Olympus XZ-2
Digital single lens reflex		Fixed lens compact camera
Leica S mount lenses		28-112mm f/1.8-2.5
37.5 MP – Medium Format sensor		11.8 MP – 1/1.7" sensor
no Video		1080/30p Video
ISO 80-1,250		ISO 100-12,800
Optical viewfinder		Viewfinder optional
3.0" LCD – 460k dots		3.0" LCD – 920k dots
Fixed screen (not touch-sensitive)		Tilting touchscreen
1.5 shutter flaps per second		5 shutter flaps per second
no shake reduction		In-body stabilization
Weathersealed body		not weather sealed
160 x 120 x 80 mm, 1410 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 S2 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 S2 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 consecutive views from the front, the top, and the rear side are shown. All width, height and depth measures are rounded to the nearest millimeter.

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 (62 percent) than the Leica S2. It is worth mentioning in this context that the S2 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 S2 is an interchangeable lens camera that requires a separate lens. Attaching the latter will add extra weight and bulk to the setup.

The adjacent table lists the principal physical characteristics of the two cameras alongside a wider set of alternatives. 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 S2	160 mm	120 mm	80 mm	1410 g	..	Y	Sep 2008	22,995	ebay.com
2.		Olympus XZ-2	113 mm	65 mm	48 mm	346 g	340	n	Sep 2012	599	ebay.com
3.		Canon 1Ds Mark III	150 mm	160 mm	80 mm	1385 g	1800	Y	Aug 2007	7,999	ebay.com
4.		Leica S3	160 mm	120 mm	80 mm	1260 g	..	Y	Sep 2018	18,995	ebay.com
5.		Leica S-E Typ 006	160 mm	120 mm	80 mm	1260 g	..	Y	Sep 2014	16,900	ebay.com
6.		Leica S Typ 007	160 mm	120 mm	80 mm	1260 g	..	Y	Sep 2014	24,490	ebay.com
7.		Leica S Typ 006	160 mm	120 mm	80 mm	1260 g	..	Y	Sep 2012	21,950	ebay.com
8.		Leica S1	339 mm	214 mm	119 mm	2500 g	..	n	Aug 1996	21,490	ebay.com
9.		Nikon D3S	160 mm	157 mm	88 mm	1240 g	4200	Y	Oct 2009	5,199	ebay.com
10.		Nikon D3X	160 mm	157 mm	88 mm	1260 g	4400	Y	Dec 2008	7,999	ebay.com
11.		Nikon D3	160 mm	157 mm	88 mm	1300 g	4300	Y	Aug 2007	4,999	ebay.com
12.		Olympus Stylus 1	116 mm	87 mm	57 mm	402 g	410	n	Oct 2013	699	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 XZ-1	111 mm	65 mm	42 mm	275 g	320	n	Jan 2011	499	ebay.com
16.		Pentax MX-1	122 mm	61 mm	51 mm	391 g	290	n	Jan 2013	499	ebay.com
17.		Pentax 645D	156 mm	117 mm	119 mm	1480 g	800	Y	Mar 2010	9,995	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 retail prices at the time of the camera’s release place the model in the market relative to other models in the producer’s line-up and the competition. The XZ-2 was launched at a lower price than the S2, despite having a lens built in. Usually, retail prices stay at first close to the launch price, but after several months, discounts become available. 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 sensor inside a digital camera is one of the key determinants 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 are more costly to manufacture and tend to lead to bigger and heavier cameras and lenses.

Of the two cameras under consideration, the Leica S2 features a medium format sensor and the Olympus XZ-2 a 1/1.7-inch sensor. The sensor area in the XZ-2 is 97 percent smaller. As a result of these sensor size differences, the cameras have a format factor of, respectively, 0.8 and 4.4. The sensor in the S2 has a native 3:2 aspect ratio, while the one in the XZ-2 offers a 4:3 aspect.

With 37.5MP, the S2 offers a higher resolution than the XZ-2 (11.8MP), but the S2 nevertheless has larger individual pixels (pixel pitch of 6.00μm versus 1.91μm for the XZ-2) due to its larger sensor. However, the XZ-2 is a much more recent model (by 3 years and 11 months) than the S2, 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 S2 has no anti-alias filter installed, so that it can capture all the detail its sensor resolves.

The resolution advantage of the Leica S2 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the S2 for good quality output (200 dots per inch) amounts to 37.5 x 25 inches or 95.3 x 63.5 cm, for very good quality (250 dpi) 30 x 20 inches or 76.2 x 50.8 cm, and for excellent quality (300 dpi) 25 x 16.7 inches or 63.5 x 42.3 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 S2 has a native sensitivity range from ISO 80 to ISO 1250. The corresponding ISO settings for the Olympus XZ-2 are ISO 100 to ISO 12800 (no boost).

In terms of underlying technology, the S2 is build around a CCD sensor, while the XZ-2 uses a CMOS imager. 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 assesses and scores the color depth ("DXO Portrait"), dynamic range ("DXO Landscape"), and low-light sensitivity ("DXO Sports") of camera sensors, and also publishes an overall camera score. 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 S2	Medium Format	37.5	7500	5000	none	23.9	12.5	2224	82
2.		Olympus XZ-2	1/1.7	11.8	3968	2976	1080/30p	20.4	11.3	216	49
3.		Canon 1Ds Mark III	Full Frame	21.0	5616	3744	none	24.0	12.0	1663	80
4.		Leica S3	Medium Format	64.0	9800	6533	4K/24p	25.6	14.4	3143	98
5.		Leica S-E Typ 006	Medium Format	37.5	7500	5000	none	25.1	13.7	2763	93
6.		Leica S Typ 007	Medium Format	37.5	7500	5000	4K/24p	25.1	13.7	2763	93
7.		Leica S Typ 006	Medium Format	37.5	7500	5000	none	23.9	12.2	824	76
8.		Leica S1	Medium Format	26.4	5140	5140	none	..	..	..	..
9.		Nikon D3S	Full Frame	12.1	4256	2832	720/24p	23.5	12.0	3253	82
10.		Nikon D3X	Full Frame	24.4	6048	4032	none	24.7	13.7	1992	88
11.		Nikon D3	Full Frame	12.1	4256	2832	none	23.5	12.2	2290	81
12.		Olympus Stylus 1	1/1.7	11.8	3968	2976	1080/30p	20.7	11.6	179	51
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 XZ-1	1/1.7	10.1	3664	2752	720/30p	18.8	10.4	117	34
16.		Pentax MX-1	1/1.7	12.0	4000	3000	1080/30p	20.4	11.3	208	49
17.		Pentax 645D	Medium Format	39.5	7264	5440	none	24.6	12.6	1262	82
Note: DXO values in italics represent estimates based on sensor size and age.

Many modern cameras are not only capable of taking still images, but can also record movies. The XZ-2 indeed provides for movie recording, while the S2 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 S2 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 S2 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 S2	optical	Y	3.0 / 460	fixed	n	1/4000s	1.5/s	n	n
2.		Olympus XZ-2	optional	n	3.0 / 920	tilting	Y	1/2000s	5.0/s	Y	Y
3.		Canon 1Ds Mark III	optical	Y	3.0 / 230	fixed	n	1/8000s	5.0/s	n	n
4.		Leica S3	optical	Y	3.0 / 922	fixed	n	1/4000s	3.0/s	n	n
5.		Leica S-E Typ 006	optical	Y	3.0 / 922	fixed	n	1/4000s	1.5/s	n	n
6.		Leica S Typ 007	optical	Y	3.0 / 922	fixed	n	1/4000s	3.5/s	n	n
7.		Leica S Typ 006	optical	Y	3.0 / 922	fixed	n	1/4000s	1.5/s	n	n
8.		Leica S1	optical	n	none / none	none	n	..	0.01/s	n	n
9.		Nikon D3S	optical	Y	3.0 / 921	fixed	n	1/8000s	11.0/s	n	n
10.		Nikon D3X	optical	Y	3.0 / 922	fixed	n	1/8000s	5.0/s	n	n
11.		Nikon D3	optical	Y	3.0 / 922	fixed	n	1/8000s	11.0/s	n	n
12.		Olympus Stylus 1	1440	n	3.0 / 1040	tilting	Y	1/2000s	7.0/s	Y	Y
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 XZ-1	optional	n	3.0 / 614	fixed	n	1/2000s	2.0/s	Y	Y
16.		Pentax MX-1	none	n	3.0 / 920	tilting	n	1/8000s	1.0/s	Y	Y
17.		Pentax 645D	optical	Y	3.0 / 921	fixed	n	1/4000s	1.1/s	n	n
Note: *) Information refers to the mechanical shutter, unless the camera only has an electronic one.

One feature that is present on the S2, but is missing on the XZ-2 is a top-level LCD. While being, of course, smaller than the rear screen, the control panel conveys some of the essential shooting information and can be convenient for quick and easy settings verification.

The Olympus XZ-2 has 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.

The S2 writes its imaging data to Compact Flash or SDHC cards, while the XZ-2 uses SDXC cards. The S2 features dual card slots, which can be very useful in case a memory card fails. In contrast, the XZ-2 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 Leica S2 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 S2	Y	- / -	-	-	mini	2.0	-	-	-
2.		Olympus XZ-2	Y	stereo / mono	-	-	mini	2.0	-	-	-
3.		Canon 1Ds Mark III	Y	mono / -	-	-	-	2.0	-	-	-
4.		Leica S3	Y	stereo / mono	Y	Y	mini	3.0	Y	-	-
5.		Leica S-E Typ 006	Y	- / -	-	-	mini	2.0	-	-	-
6.		Leica S Typ 007	Y	stereo / mono	Y	Y	mini	3.0	Y	-	-
7.		Leica S Typ 006	Y	- / -	-	-	mini	2.0	-	-	-
8.		Leica S1	-	- / -	-	-	-	-	-	-	-
9.		Nikon D3S	Y	stereo / -	-	-	mini	2.0	-	-	-
10.		Nikon D3X	Y	- / -	-	-	mini	2.0	-	-	-
11.		Nikon D3	Y	- / -	-	-	mini	2.0	-	-	-
12.		Olympus Stylus 1	Y	stereo / mono	-	-	micro	2.0	Y	-	-
13.		Olympus E-PL2	Y	stereo / -	-	-	mini	2.0	-	-	-
14.		Olympus E-PL3	Y	stereo / -	-	-	mini	2.0	-	-	-
15.		Olympus XZ-1	Y	mono / -	-	-	mini	2.0	-	-	-
16.		Pentax MX-1	-	stereo / mono	-	-	mini	2.0	-	-	-
17.		Pentax 645D	Y	stereo / -	-	-	-	2.0	-	-	-

Studio photographers will appreciate that the Leica S2 (unlike the XZ-2) features a PC Sync socket, so that professional strobe lights can be controlled by the camera.

Both the S2 and the XZ-2 have been discontinued, but can regularly be found used on ebay. The S2 was replaced by the Leica S Typ 006, while the XZ-2 does not have a direct successor. Further information on the features and operation of the S2 and XZ-2 can be found, respectively, in the Leica S2 Manual (free pdf) or the online Olympus XZ-2 Manual.

Review summary

So what conclusions can be drawn? Is the Leica S2 better than the Olympus XZ-2 or vice versa? The listing below highlights the relative strengths of the two models.

Advantages of the Leica S2:

• More detail: Offers more megapixels (37.5 vs 11.8MP) with a 82% higher linear resolution.
• Maximized detail: Lacks an anti-alias filter to exploit the sensor's full resolution potential.
• Better image quality: Features bigger pixels on a larger sensor for higher quality imaging.
• Richer colors: The pixel size advantage translates into images with better, more accurate colors.
• More dynamic range: Larger pixels capture a wider spectrum of light and dark details.
• Better low-light sensitivity: Larger pixels means good image quality even under poor lighting.
• Easier framing: Has an optical viewfinder for image composition and settings control.
• Easier setting verification: Features an LCD display on top to control shooting parameters.
• Faster shutter: Has higher mechanical shutter speed (1/4000s vs 1/2000s) to freeze action.
• More flexible: Can take a variety of interchangeable lenses, including specialty optics.
• Better sealing: Is weather sealed to enable shooting in dusty or wet environments.
• 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 prestigious: Has the Leica luxury appeal, which ensures a high resale price.
• More heavily discounted: Has been available for much longer (launched in September 2008).

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 detailed LCD: Has a higher resolution rear screen (920k vs 460k dots).
• 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.
• Faster burst: Shoots at higher frequency (5 vs 1.5 flaps/sec) to capture the decisive moment.
• Easier time-lapse photography: Has an intervalometer built-in for low frequency shooting.
• Ready to shoot: Comes with an integrated lens, while the S2 requires a separate lens.
• More compact: Is smaller (113x65mm vs 160x120mm) and will fit more readily into a bag.
• Less heavy: Has a lower weight even though it has a lens built in (unlike the S2).
• 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 modern: Reflects 3 years and 11 months of technical progress since the S2 launch.

If the number of relative strengths (bullet points above) is taken as a guide, the S2 comes out slightly ahead of the XZ-2 (15 : 14 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 wedding photographer will view the differences between cameras in a way that diverges from the perspective of a travel photog, and a person interested in cityscapes has distinct needs from a macro shooter. Hence, the decision which camera is best and worth buying is often a very personal one.

How about other alternatives? Do the specifications of the Leica S2 and the Olympus XZ-2 place the cameras among the top in their class? Find out in the latest Best DSLR Camera and Best Travel-Zoom Camera listings whether the two cameras rank among the cream of the crop.

In any case, while the comparison of technical specifications can provide a useful overview of the capabilities of different cameras, it remains incomplete and does no justice, for example, to the way the S2 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 why hands-on reviews by experts are important. The following table reports the overall ratings of the cameras as published by some of the major 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 S2	..	..	..	..	..	..	Sep 2008	22,995	ebay.com
2.		Olympus XZ-2	4/5	+	..	..	4.5/5	4.5/5	Sep 2012	599	ebay.com
3.		Canon 1Ds Mark III	..	..	..	+ +	4.5/5	..	Aug 2007	7,999	ebay.com
4.		Leica S3	..	..	..	..	..	..	Sep 2018	18,995	ebay.com
5.		Leica S-E Typ 006	..	..	..	..	..	..	Sep 2014	16,900	ebay.com
6.		Leica S Typ 007	4/5	..	..	..	..	..	Sep 2014	24,490	ebay.com
7.		Leica S Typ 006	..	..	..	..	..	..	Sep 2012	21,950	ebay.com
8.		Leica S1	..	..	..	..	..	..	Aug 1996	21,490	ebay.com
9.		Nikon D3S	5/5	..	..	89/100	4.5/5	5/5	Oct 2009	5,199	ebay.com
10.		Nikon D3X	..	..	..	86/100	4/5	5/5	Dec 2008	7,999	ebay.com
11.		Nikon D3	..	..	..	+ +	5/5	4.5/5	Aug 2007	4,999	ebay.com
12.		Olympus Stylus 1	..	+ +	..	..	4.5/5	4.5/5	Oct 2013	699	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 XZ-1	4/5	..	..	74/100	4.5/5	4.5/5	Jan 2011	499	ebay.com
16.		Pentax MX-1	3/5	..	..	74/100	4/5	4/5	Jan 2013	499	ebay.com
17.		Pentax 645D	5/5	..	..	..	..	..	Mar 2010	9,995	ebay.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

The above review scores should be interpreted with care, though. The assessments were made in relation to similar cameras of the same technological generation. Hence, a score should always be seen in the context of the camera's market launch date and its price, and comparing ratings of very distinct cameras or ones that are far apart in terms of their release date have little meaning. Also, kindly note that some of the listed sites have over time developped their review approaches and their reporting style.

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Other camera comparisons

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