Leica X2 vs Olympus PEN-F

The Leica X2 and the Olympus PEN-F are two digital cameras that were announced, respectively, in May 2012 and January 2016. The X2 is a fixed lens compact, while the PEN-F is a mirrorless interchangeable lens camera. The cameras are based on an APS-C (X2) and a Four Thirds (PEN-F) sensor. The Leica has a resolution of 16.1 megapixels, whereas the Olympus provides 20.2 MP.

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

Headline Specifications

Leica X2		Olympus PEN-F
Fixed lens compact camera		Mirrorless system camera
36mm f/2.8		Micro Four Thirds lenses
16.1 MP – APS-C sensor		20.2 MP – Four Thirds sensor
no Video		1080/60p Video
ISO 100-12,500		ISO 80-25,600
Viewfinder optional		Electronic viewfinder (2360k dots)
2.7" LCD – 230k dots		3.0" LCD – 1037k dots
Fixed screen (not touch-sensitive)		Swivel touchscreen
5 shutter flaps per second		10 shutter flaps per second
no shake reduction		In-body stabilization
450 shots per battery charge		330 shots per battery charge
124 x 69 x 52 mm, 345 g		125 x 72 x 37 mm, 427 g

Check X2 offers at
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Check PEN-F offers at
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Going beyond this snapshot of core features and characteristics, what are the differences between the Leica X2 and the Olympus PEN-F? 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

The physical size and weight of the Leica X2 and the Olympus PEN-F are illustrated 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 width, height and depth measures are rounded to the nearest millimeter.

Both cameras are available in two different colors (black, silver).

If the front view area (width x height) of the cameras is taken as an aggregate measure of their size, the Olympus PEN-F is notably larger (5 percent) than the Leica X2. In this context, it is worth noting that neither the X2 nor the PEN-F are weather-sealed.

The above size and weight comparisons are to some extent incomplete and possibly misleading, as the X2 has a lens built in, whereas the PEN-F 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 PEN-F and their specifications in the Micro Four Thirds Lens Catalog.

Concerning battery life, the X2 gets 450 shots out of its Leica BP-DC8 battery, while the PEN-F can take 330 images on a single charge of its Olympus BLN-1 power pack.

The adjacent table lists the principal physical characteristics of the two cameras alongside a wider set of alternatives. If you would like to visualize and compare a different camera combination, you can navigate to the CAM-parator app and make your selection from a broad list of cameras 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 X2	124 mm	69 mm	52 mm	345 g	450	n	May 2012	1,995	ebay.com
2.		Olympus PEN-F	125 mm	72 mm	37 mm	427 g	330	n	Jan 2016	1,199	ebay.com
3.		Fujifilm X-A1	117 mm	67 mm	39 mm	330 g	350	n	Sep 2013	399	ebay.com
4.		Fujifilm X-E2	129 mm	75 mm	37 mm	350 g	350	n	Oct 2013	999	ebay.com
5.		Fujifilm X100S	127 mm	74 mm	54 mm	445 g	330	n	Jan 2013	1,299	ebay.com
6.		Leica T	134 mm	69 mm	33 mm	384 g	400	n	Apr 2014	1,850	ebay.com
7.		Leica TL	134 mm	69 mm	33 mm	384 g	400	n	Nov 2016	1,695	ebay.com
8.		Leica X1	124 mm	60 mm	32 mm	306 g	260	n	Sep 2009	1,995	ebay.com
9.		Leica X Vario	133 mm	73 mm	95 mm	680 g	450	n	Jun 2013	2,850	ebay.com
10.		Leica X Typ 113	133 mm	73 mm	78 mm	486 g	350	n	Sep 2014	2,295	ebay.com
11.		Nikon Coolpix A	111 mm	64 mm	40 mm	299 g	230	n	Mar 2013	1,099	ebay.com
12.		Olympus E-M1	130 mm	94 mm	63 mm	497 g	350	Y	Sep 2013	1,399	ebay.com
13.		Olympus E-M5 II	124 mm	85 mm	45 mm	469 g	310	Y	Feb 2015	1,099	ebay.com
14.		Olympus E-M10 II	120 mm	83 mm	47 mm	390 g	320	n	Aug 2015	649	ebay.com
15.		Olympus E-M10 III	122 mm	84 mm	50 mm	410 g	330	n	Aug 2017	649	ebay.com
16.		Olympus E-P5	122 mm	69 mm	37 mm	420 g	330	n	May 2013	999	ebay.com
17.		Ricoh GR	117 mm	61 mm	35 mm	245 g	290	n	Apr 2013	799	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

The price is, of course, an important factor in any camera decision. 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. 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 imaging sensor is at the core of digital cameras and its size is one of the main determining factors 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. Furthermore, a large sensor camera will give the photographer more possibilities to use shallow depth-of-field in order to isolate a subject from the background. On the downside, larger sensors tend to be associated with larger, more expensive camera bodies and lenses.

Of the two cameras under consideration, the Leica X2 features an APS-C sensor and the Olympus PEN-F a Four Thirds sensor. The sensor area in the PEN-F is 39 percent smaller. As a result of these sensor size differences, the cameras have a format factor of, respectively, 1.5 and 2.0. The sensor in the X2 has a native 3:2 aspect ratio, while the one in the PEN-F offers a 4:3 aspect.

Despite having a smaller sensor, the PEN-F offers a higher resolution of 20.2 megapixels, compared with 16.1 MP of the X2. This megapixels advantage comes at the cost of a higher pixel density and a smaller size of the individual pixel (with a pixel pitch of 3.34μm versus 4.79μm for the X2). However, it should be noted that the PEN-F is much more recent (by 3 years and 8 months) than the X2, and its sensor will have benefitted from technological advances during this time that make it possible to gather light more efficiently. Coming back to sensor resolution, it should be mentioned that the PEN-F has no anti-alias filter installed, so that it can capture all the detail its sensor resolves.

The resolution advantage of the Olympus PEN-F implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the PEN-F for good quality output (200 dots per inch) amounts to 25.9 x 19.4 inches or 65.8 x 49.4 cm, for very good quality (250 dpi) 20.7 x 15.6 inches or 52.7 x 39.5 cm, and for excellent quality (300 dpi) 17.3 x 13 inches or 43.9 x 32.9 cm. The corresponding values for the Leica X2 are 24.6 x 16.3 inches or 62.6 x 41.5 cm for good quality, 19.7 x 13.1 inches or 50.1 x 33.2 cm for very good quality, and 16.4 x 10.9 inches or 41.7 x 27.6 cm for excellent quality prints.

Unlike the X2, the PEN-F has the capacity to capture high quality composite images (40MP) by combining multiple shots after shifting its sensor by miniscule distances. This multi-shot, pixel-shift mode is most suitable for photography of stationary objects (landscapes, studio scenes).

The Leica X2 has a native sensitivity range from ISO 100 to ISO 12500. The corresponding ISO settings for the Olympus PEN-F are ISO 80 to ISO 25600 (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.

Since 2007, DXO Mark has published sensor performance measurements that have been derived using a consistent methodology. 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 adjacent table reports on the physical sensor characteristics and the outcomes of the DXO sensor quality tests for a sample of comparator-cameras.

Sensor Characteristics

		Camera Model	Sensor Class	Resolution (MP)	Horiz. Pixels	Vert. Pixels	Video Format	DXO Portrait	DXO Landscape	DXO Sports	DXO Overall
1.		Leica X2	APS-C	16.1	4928	3264	none	23.2	12.4	1275	74
2.		Olympus PEN-F	Four Thirds	20.2	5184	3888	1080/60p	23.1	12.4	894	74
3.		Fujifilm X-A1	APS-C	16.0	4896	3264	1080/30p	23.4	12.6	1390	76
4.		Fujifilm X-E2	APS-C	16.0	4896	3264	1080/60p	23.4	12.6	1400	77
5.		Fujifilm X100S	APS-C	16.0	4896	3264	1080/60p	23.3	12.5	1329	75
6.		Leica T	APS-C	16.2	4944	3278	1080/30p	23.0	12.7	1082	75
7.		Leica TL	APS-C	16.1	4928	3264	1080/30p	23.9	13.2	1690	81
8.		Leica X1	APS-C	12.2	4272	2856	none	22.6	11.8	1037	69
9.		Leica X Vario	APS-C	16.1	4928	3272	1080/30p	23.4	12.7	1320	78
10.		Leica X Typ 113	APS-C	16.1	4928	3264	1080/30p	23.6	12.8	1491	78
11.		Nikon Coolpix A	APS-C	16.1	4928	3264	1080/30p	23.4	13.8	1164	80
12.		Olympus E-M1	Four Thirds	15.9	4608	3456	1080/30p	23.0	12.7	757	73
13.		Olympus E-M5 II	Four Thirds	15.9	4608	3456	1080/60p	23.0	12.5	842	73
14.		Olympus E-M10 II	Four Thirds	15.9	4608	3456	1080/60p	23.1	12.5	842	73
15.		Olympus E-M10 III	Four Thirds	15.9	4608	3456	4K/30p	23.1	12.8	1120	74
16.		Olympus E-P5	Four Thirds	15.9	4608	3456	1080/30p	22.8	12.4	895	72
17.		Ricoh GR	APS-C	16.1	4928	3264	1080/30p	23.6	13.5	972	78
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 also of capturing video footage. The PEN-F indeed provides for movie recording, while the X2 does not. The highest resolution format that the PEN-F can use is 1080/60p.

Feature comparison

Beyond body and sensor, cameras can and do differ across a range of features. For example, the PEN-F has an electronic viewfinder (2360k dots), which can be very helpful when shooting in bright sunlight. In contrast, the X2 relies on live view and the rear LCD for framing. That said, the X2 can be equipped with an optional viewfinder – the EVF 2. The table below summarizes some of the other core capabilities of the Leica X2 and Olympus PEN-F 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 X2	optional	n	2.7 / 230	fixed	n	1/2000s	5.0/s	Y	n
2.		Olympus PEN-F	2360	n	3.0 / 1037	swivel	Y	1/8000s	10.0/s	n	Y
3.		Fujifilm X-A1	none	n	3.0 / 920	tilting	n	1/4000s	5.6/s	Y	n
4.		Fujifilm X-E2	2360	n	3.0 / 1040	fixed	n	1/4000s	7.0/s	Y	n
5.		Fujifilm X100S	2360	n	2.8 / 460	fixed	n	1/4000s	6.0/s	Y	n
6.		Leica T	optional	n	3.7 / 1230	fixed	Y	1/4000s	5.0/s	Y	n
7.		Leica TL	optional	n	3.7 / 1230	fixed	Y	1/4000s	5.0/s	Y	n
8.		Leica X1	none	n	2.7 / 230	fixed	n	1/2000s	3.0/s	Y	n
9.		Leica X Vario	optional	n	3.0 / 920	fixed	n	1/2000s	5.0/s	Y	n
10.		Leica X Typ 113	optional	n	3.0 / 920	fixed	n	1/2000s	5.0/s	Y	n
11.		Nikon Coolpix A	optional	n	3.0 / 921	fixed	n	1/2000s	4.0/s	Y	n
12.		Olympus E-M1	2360	n	3.0 / 1037	tilting	Y	1/8000s	10.0/s	n	Y
13.		Olympus E-M5 II	2360	n	3.0 / 1037	swivel	Y	1/8000s	10.0/s	n	Y
14.		Olympus E-M10 II	2360	n	3.0 / 1040	tilting	Y	1/4000s	8.0/s	Y	Y
15.		Olympus E-M10 III	2360	n	3.0 / 1040	tilting	Y	1/4000s	8.6/s	Y	Y
16.		Olympus E-P5	optional	n	3.0 / 1037	tilting	Y	1/8000s	9.0/s	Y	Y
17.		Ricoh GR	optional	n	3.0 / 1230	fixed	n	1/4000s	4.0/s	Y	n
Note: *) Information refers to the mechanical shutter, unless the camera only has an electronic one.

One difference between the cameras concerns the presence of an on-board flash. The X2 has one, while the PEN-F does not. While the built-in flash of the X2 is not very powerful, it can at times be useful as a fill-in light.

The reported shutter speed information refers to the use of the mechanical shutter. Yet, some cameras only have an electronic shutter, while others have an electronic shutter in addition to a mechanical one. In fact, the PEN-F is one of those camera that have an additional electronic shutter, which makes completely silent shooting possible. However, this mode is less suitable for photographing moving objects (risk of rolling shutter) or shooting under artificial light sources (risk of flickering).

The Olympus PEN-F 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 X2 writes its imaging data to SDHC cards, while the PEN-F uses SDXC cards. The PEN-F supports UHS-II cards (Ultra High Speed data transfer of up to 312 MB/s), while the X2 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 X2 and Olympus PEN-F 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 X2	Y	- / -	-	-	mini	2.0	-	-	-
2.		Olympus PEN-F	Y	stereo / mono	-	-	micro	2.0	Y	-	-
3.		Fujifilm X-A1	Y	stereo / mono	-	-	mini	2.0	Y	-	-
4.		Fujifilm X-E2	Y	stereo / mono	Y	-	micro	2.0	Y	-	-
5.		Fujifilm X100S	Y	stereo / mono	-	-	micro	2.0	-	-	-
6.		Leica T	Y	stereo / mono	-	-	-	2.0	Y	-	-
7.		Leica TL	Y	stereo / mono	-	-	micro	2.0	Y	-	-
8.		Leica X1	Y	- / -	-	-	mini	2.0	-	-	-
9.		Leica X Vario	Y	stereo / mono	-	-	mini	2.0	-	-	-
10.		Leica X Typ 113	Y	stereo / mono	-	-	mini	2.0	-	-	-
11.		Nikon Coolpix A	Y	stereo / mono	-	-	-	2.0	-	-	-
12.		Olympus E-M1	Y	stereo / mono	Y	-	micro	2.0	Y	-	-
13.		Olympus E-M5 II	Y	stereo / mono	Y	-	micro	2.0	Y	-	-
14.		Olympus E-M10 II	Y	stereo / mono	-	-	micro	2.0	Y	-	-
15.		Olympus E-M10 III	Y	stereo / mono	-	-	micro	2.0	Y	-	-
16.		Olympus E-P5	Y	stereo / mono	-	-	micro	2.0	Y	-	-
17.		Ricoh GR	Y	mono / mono	-	-	micro	2.0	-	-	-

It is notable that the PEN-F offers wifi support, which can be a very convenient means to transfer image data to an off-camera location. In contrast, the X2 does not provide wifi capability.

Both the X2 and the PEN-F have been discontinued, but can regularly be found used on ebay. Neither of the two has a direct successor, so they represent the end of the respective camera lines from Leica and Olympus. Further information on the features and operation of the X2 and PEN-F can be found, respectively, in the Leica X2 Manual (free pdf) or the online Olympus PEN-F Manual.

Review summary

So what conclusions can be drawn? Is the Leica X2 better than the Olympus PEN-F or vice versa? The listing below highlights the relative strengths of the two models.

Reasons to prefer the Leica X2:

• Better moiré control: Has an anti-alias filter to avoid artificial patterns to appear in images.
• Ready to shoot: Has a lens built-in, whereas the PEN-F requires a separate lens.
• Less heavy: Is lighter even though it comes with a built-in lens (unlike the PEN-F).
• Longer lasting: Can take more shots (450 versus 330) on a single battery charge.
• Easier fill-in: Is equipped with a small onboard flash to brighten deep shadow areas.
• More prestigious: Has the Leica luxury appeal, which ensures a high resale price.
• More heavily discounted: Has been available for much longer (launched in May 2012).

Advantages of the Olympus PEN-F:

• More detail: Has more megapixels (20.2 vs 16.1MP), which boosts linear resolution by 10%.
• Maximized detail: Lacks an anti-alias filter to exploit the sensor's full resolution potential.
• High quality composites: Can combine several shots after pixel-shifting its sensor.
• Broader imaging potential: Can capture not only stills but also 1080/60p video.
• Easier framing: Has an electronic viewfinder for image composition and settings control.
• Larger screen: Has a bigger rear LCD (3.0" vs 2.7") for image review and settings control.
• More detailed LCD: Has a higher resolution rear screen (1037k vs 230k dots).
• More flexible LCD: Has a swivel screen for odd-angle shots in portrait or landscape orientation.
• Fewer buttons to press: Has a touchscreen to facilitate handling and shooting adjustments.
• More selfie-friendly: Has an articulated screen that can be turned to be front-facing.
• Faster shutter: Has higher mechanical shutter speed (1/8000s vs 1/2000s) to freeze action.
• Faster burst: Shoots at higher frequency (10 vs 5 flaps/sec) to capture the decisive moment.
• Less disturbing: Has an electronic shutter option for completely silent shooting.
• Easier time-lapse photography: Has an intervalometer built-in for low frequency shooting.
• More flexible: Takes interchangeable lenses and can thus be used with specialty optics.
• Sharper images: Has stabilization technology built-in to reduce the impact of hand-shake.
• 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-II standard.
• More modern: Reflects 3 years and 8 months of technical progress since the X2 launch.

If the count of individual advantages (bullet points above) is taken as a guide, the PEN-F is the clear winner of the contest (19 : 7 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 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.

How about other alternatives? Do the specifications of the Leica X2 and the Olympus PEN-F place the cameras among the top in their class? Find out in the latest Best Prime Lens Compact Camera and Best Mirrorless Interchangeable Lens Camera listings whether the two cameras rank among the cream of the crop.

In any case, while the comparison of the spec-sheets of cameras can offer a general idea of their imaging potential, it remains partial and cannot reveal, for example, the shooting experience and imaging performance when actually working with the X2 or the PEN-F. 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 X2	3/5	..	..	..	3/5	4/5	May 2012	1,995	ebay.com
2.		Olympus PEN-F	..	..	4/5	82/100	4.5/5	5/5	Jan 2016	1,199	ebay.com
3.		Fujifilm X-A1	..	..	..	..	4.5/5	4.5/5	Sep 2013	399	ebay.com
4.		Fujifilm X-E2	4/5	..	..	80/100	4.5/5	5/5	Oct 2013	999	ebay.com
5.		Fujifilm X100S	5/5	+ +	..	81/100	4.5/5	5/5	Jan 2013	1,299	ebay.com
6.		Leica T	3/5	..	..	..	4/5	4/5	Apr 2014	1,850	ebay.com
7.		Leica TL	..	..	..	..	..	4/5	Nov 2016	1,695	ebay.com
8.		Leica X1	3/5	..	..	+	..	4/5	Sep 2009	1,995	ebay.com
9.		Leica X Vario	3/5	..	..	..	4/5	4/5	Jun 2013	2,850	ebay.com
10.		Leica X Typ 113	3.5/5	..	..	..	3.5/5	4/5	Sep 2014	2,295	ebay.com
11.		Nikon Coolpix A	4/5	+	..	75/100	4/5	4/5	Mar 2013	1,099	ebay.com
12.		Olympus E-M1	5/5	+ +	..	84/100	4.5/5	4.5/5	Sep 2013	1,399	ebay.com
13.		Olympus E-M5 II	5/5	+ +	4.5/5	81/100	5/5	5/5	Feb 2015	1,099	ebay.com
14.		Olympus E-M10 II	4.5/5	+ +	..	80/100	5/5	5/5	Aug 2015	649	ebay.com
15.		Olympus E-M10 III	..	+	5/5	80/100	4.5/5	4.5/5	Aug 2017	649	ebay.com
16.		Olympus E-P5	5/5	+ +	..	78/100	4.5/5	5/5	May 2013	999	ebay.com
17.		Ricoh GR	5/5	..	..	79/100	4.5/5	4.5/5	Apr 2013	799	ebay.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

Care should be taken when interpreting the review scores above, though. The ratings are only valid when referring to cameras in the same category and of the same age. Hence, a score should always be seen in the context of the camera's market launch date and its price, and rating-comparisons among cameras that span long time periods or concern very differently equipped models make little sense. It should also be noted that some of the review sites have over time altered the way they render their verdicts.

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Other camera comparisons

Did this review help to inform your camera decision process? If you would like to see a different side-by-side camera review, just make a corresponding selection in the search boxes below. As an alternative, you can also directly jump to any one of the listed comparisons that were previously generated by the CAM-parator tool.

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