Nikon 1 V2 vs Olympus E-M5

The Nikon 1 V2 and the Olympus OM-D E-M5 are two digital cameras that were revealed to the public, respectively, in October 2012 and February 2012. Both the V2 and the E-M5 are mirrorless interchangeable lens cameras that are based on an one-inch (V2) and a Four Thirds (E-M5) sensor. The Nikon has a resolution of 14.2 megapixels, whereas the Olympus provides 15.9 MP.

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

Headline Specifications

Nikon 1 V2		Olympus E-M5
Mirrorless system camera		Mirrorless system camera
Nikon 1 mount lenses		Micro Four Thirds lenses
14.2 MP – 1" sensor		15.9 MP – Four Thirds sensor
1080/60p Video		1080/60i Video
ISO 160-12,800		ISO 200-25,600
Electronic viewfinder (1440k dots)		Electronic viewfinder (1440k dots)
3.0" LCD – 921k dots		3.0" LCD – 610k dots
Fixed screen (not touch-sensitive)		Tilting touchscreen
15 shutter flaps per second		9 shutter flaps per second
Lens stabilization only		In-body stabilization
not weather sealed		Weathersealed body
310 shots per battery charge		360 shots per battery charge
109 x 82 x 46 mm, 278 g		122 x 89 x 43 mm, 425 g

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Going beyond this snapshot of core features and characteristics, what are the differences between the Nikon 1 V2 and the Olympus OM-D E-M5? 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 Nikon 1 V2 and the Olympus E-M5 are illustrated in the side-by-side display below. The two cameras are presented according to their relative size. Three consecutive perspectives from the front, the top, and the back are available. All size dimensions are rounded to the nearest millimeter.

The V2 can be obtained in two different colors (black, white), while the E-M5 is also available in two color-versions, but different ones (black, silver).

If the front view area (width x height) of the cameras is taken as an aggregate measure of their size, the Olympus E-M5 is notably larger (21 percent) than the Nikon 1 V2. Moreover, the E-M5 is substantially heavier (53 percent) than the V2. It is noteworthy in this context that the E-M5 is splash and dust-proof, while the V2 does not feature any corresponding weather-sealing.

The above size and weight comparisons are to some extent incomplete since they do not consider the interchangeable lenses that both of these cameras require. Hence, you might want to study and compare the specifications of available lenses in order to get the full picture of the size and weight of the two camera systems.

The following table provides a synthesis of the main physical specifications of the two cameras and other similar ones. In case you want to display and compare another camera duo, you can use the CAM-parator app to select your camera combination among a large number of options.

Body Specifications

		Camera Model	Camera Width	Camera Height	Camera Depth	Camera Weight	Battery Life	Weather Sealing	Camera Launch	Launch Price (USD)	Street Price
1.		Nikon 1 V2	109 mm	82 mm	46 mm	278 g	310	n	Oct 2012	799	ebay.com
2.		Olympus E-M5	122 mm	89 mm	43 mm	425 g	360	Y	Feb 2012	1,299	ebay.com
3.		Canon G1 X	117 mm	81 mm	65 mm	534 g	250	n	Jan 2012	799	ebay.com
4.		Fujifilm X-M1	117 mm	67 mm	39 mm	330 g	350	n	Jun 2013	699	ebay.com
5.		Nikon 1 J4	100 mm	60 mm	29 mm	232 g	300	n	Apr 2014	549	ebay.com
6.		Nikon 1 V1	113 mm	76 mm	44 mm	383 g	350	n	Sep 2011	799	ebay.com
7.		Nikon 1 V3	111 mm	65 mm	33 mm	381 g	310	n	Mar 2014	799	ebay.com
8.		Olympus E-M1	130 mm	94 mm	63 mm	497 g	350	Y	Sep 2013	1,399	ebay.com
9.		Olympus E-M5 II	124 mm	85 mm	45 mm	469 g	310	Y	Feb 2015	1,099	ebay.com
10.		Olympus E-P5	122 mm	69 mm	37 mm	420 g	330	n	May 2013	999	ebay.com
11.		Olympus PEN-F	125 mm	72 mm	37 mm	427 g	330	n	Jan 2016	1,199	ebay.com
12.		Panasonic GF5	108 mm	67 mm	37 mm	267 g	360	n	Apr 2012	499	ebay.com
13.		Panasonic GF6	111 mm	65 mm	38 mm	323 g	340	n	Apr 2013	499	ebay.com
14.		Panasonic GX1	116 mm	68 mm	39 mm	318 g	320	n	Nov 2011	699	ebay.com
15.		Panasonic GX7	123 mm	71 mm	55 mm	402 g	350	n	Aug 2013	999	ebay.com
16.		Ricoh GR	117 mm	61 mm	35 mm	245 g	290	n	Apr 2013	799	ebay.com
17.		Sony RX100 II	102 mm	58 mm	38 mm	281 g	350	n	Jun 2013	749	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 V2 was launched at a markedly lower price (by 38 percent) than the E-M5, which puts it into a different market segment. 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. Then, after the new model is out, very good deals can frequently be found on the pre-owned market.

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. All other things equal, a large sensor will have larger individual pixel-units that offer better low-light sensitivity, wider dynamic range, and richer color-depth than smaller pixels 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 Nikon 1 V2 features an one-inch sensor and the Olympus E-M5 a Four Thirds sensor. The sensor area in the E-M5 is 94 percent bigger. As a result of these sensor size differences, the cameras have a format factor of, respectively, 2.7 and 2.0. The sensor in the V2 has a native 3:2 aspect ratio, while the one in the E-M5 offers a 4:3 aspect.

With 15.9MP, the E-M5 offers a higher resolution than the V2 (14.2MP), but the E-M5 nevertheless has larger individual pixels (pixel pitch of 3.76μm versus 2.86μm for the V2) due to its larger sensor. However, the V2 is a somewhat more recent model (by 8 months) than the E-M5, and its sensor might have benefitted from technological advances during this time that enhance the light gathering capacity of its pixel-units.

The V2 has on-sensor phase detect pixels, which results in fast and reliable autofocus acquisition even during live view operation.

The Nikon 1 V2 has a native sensitivity range from ISO 160 to ISO 12800. The corresponding ISO settings for the Olympus OM-D E-M5 are ISO 200 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.

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 consideration, the E-M5 offers substantially better image quality than the V2 (overall score 21 points higher). The advantage is based on 2.6 bits higher color depth, 1.5 EV in additional dynamic range, and 1 stops in additional low light sensitivity. The table below summarizes the physical sensor characteristics and sensor quality findings and compares them across a set of similar cameras.

Sensor Characteristics

		Camera Model	Sensor Class	Resolution (MP)	Horiz. Pixels	Vert. Pixels	Video Format	DXO Portrait	DXO Landscape	DXO Sports	DXO Overall
1.		Nikon 1 V2	1-inch	14.2	4608	3072	1080/60p	20.2	10.8	403	50
2.		Olympus E-M5	Four Thirds	15.9	4608	3456	1080/60i	22.8	12.3	826	71
3.		Canon G1 X	1.5-inch	14.2	4352	3264	1080/24p	21.7	10.8	644	60
4.		Fujifilm X-M1	APS-C	16.0	4896	3264	1080/30p	23.4	12.6	1371	76
5.		Nikon 1 J4	1-inch	18.2	5232	3488	1080/60p	20.8	10.7	426	53
6.		Nikon 1 V1	1-inch	10.0	3872	2592	1080/60i	21.3	11.0	346	54
7.		Nikon 1 V3	1-inch	18.2	5232	3488	1080/60p	20.8	10.7	384	52
8.		Olympus E-M1	Four Thirds	15.9	4608	3456	1080/30p	23.0	12.7	757	73
9.		Olympus E-M5 II	Four Thirds	15.9	4608	3456	1080/60p	23.0	12.5	842	73
10.		Olympus E-P5	Four Thirds	15.9	4608	3456	1080/30p	22.8	12.4	895	72
11.		Olympus PEN-F	Four Thirds	20.2	5184	3888	1080/60p	23.1	12.4	894	74
12.		Panasonic GF5	Four Thirds	12.0	4000	3000	1080/60i	20.5	10.0	573	50
13.		Panasonic GF6	Four Thirds	15.8	4592	3448	1080/60i	20.7	10.6	622	54
14.		Panasonic GX1	Four Thirds	15.8	4592	3448	1080/60p	20.8	10.6	703	55
15.		Panasonic GX7	Four Thirds	15.8	4592	3448	1080/60p	22.6	12.2	718	70
16.		Ricoh GR	APS-C	16.1	4928	3264	1080/30p	23.6	13.5	972	78
17.		Sony RX100 II	1-inch	20.0	5472	3648	1080/60p	22.5	12.4	483	67
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. Both cameras under consideration have a sensor with sufficiently fast read-out times for moving pictures, but the V2 provides a higher frame rate than the E-M5. It can shoot video footage at 1080/60p, while the Olympus is limited to 1080/60i.

Feature comparison

Beyond body and sensor, cameras can and do differ across a range of features. The V2 and the E-M5 are similar in the sense that both feature an electronic viewfinder, which is helpful when framing images in bright sunlight. Moreover, their viewfinders offer an identical resolution of 1440k dots. The table below summarizes some of the other core capabilities of the Nikon 1 V2 and Olympus E-M5 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.		Nikon 1 V2	1440	n	3.0 / 921	fixed	n	1/4000s	15.0/s	Y	n
2.		Olympus E-M5	1440	n	3.0 / 610	tilting	Y	1/4000s	9.0/s	n	Y
3.		Canon G1 X	optical	n	3.0 / 922	swivel	n	1/4000s	1.9/s	Y	Y
4.		Fujifilm X-M1	none	n	3.0 / 920	tilting	n	1/4000s	5.6/s	Y	n
5.		Nikon 1 J4	none	n	3.0 / 1037	Fixed	Y	1/4000s	60.0/s	Y	n
6.		Nikon 1 V1	1440	n	3.0 / 921	fixed	n	1/4000s	10.0/s	n	n
7.		Nikon 1 V3	optional	n	3.0 / 1037	tilting	Y	1/4000s	60.0/s	Y	n
8.		Olympus E-M1	2360	n	3.0 / 1037	tilting	Y	1/8000s	10.0/s	n	Y
9.		Olympus E-M5 II	2360	n	3.0 / 1037	swivel	Y	1/8000s	10.0/s	n	Y
10.		Olympus E-P5	optional	n	3.0 / 1037	tilting	Y	1/8000s	9.0/s	Y	Y
11.		Olympus PEN-F	2360	n	3.0 / 1037	swivel	Y	1/8000s	10.0/s	n	Y
12.		Panasonic GF5	none	n	3.0 / 920	fixed	Y	1/4000s	4.0/s	Y	n
13.		Panasonic GF6	none	n	3.0 / 1040	tilting	Y	1/4000s	4.2/s	Y	n
14.		Panasonic GX1	optional	n	3.0 / 460	fixed	Y	1/4000s	4.2/s	Y	n
15.		Panasonic GX7	2760	n	3.0 / 1040	tilting	Y	1/8000s	5.0/s	Y	Y
16.		Ricoh GR	optional	n	3.0 / 1230	fixed	n	1/4000s	4.0/s	Y	n
17.		Sony RX100 II	optional	n	3.0 / 1229	tilting	n	1/2000s	10.0/s	Y	Y
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 V2 has one, while the E-M5 does not. While the built-in flash of the V2 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 V2 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 Nikon 1 V2 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.

Concerning the storage of imaging data, both the V2 and the E-M5 write their files to SDXC cards. Both cameras can use UHS-I cards, which provide for Ultra High Speed data transfer of up to 104 MB/s.

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 Nikon 1 V2 and Olympus OM-D E-M5 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.		Nikon 1 V2	-	stereo / mono	-	-	mini	2.0	-	-	-
2.		Olympus E-M5	Y	stereo / mono	-	-	mini	2.0	-	-	-
3.		Canon G1 X	Y	stereo / mono	-	-	mini	2.0	-	-	-
4.		Fujifilm X-M1	Y	stereo / mono	-	-	mini	2.0	Y	-	-
5.		Nikon 1 J4	-	stereo / mono	-	-	mini	2.0	Y	-	-
6.		Nikon 1 V1	-	stereo / mono	-	-	mini	2.0	-	-	-
7.		Nikon 1 V3	-	stereo / mono	Y	-	mini	2.0	Y	-	-
8.		Olympus E-M1	Y	stereo / mono	Y	-	micro	2.0	Y	-	-
9.		Olympus E-M5 II	Y	stereo / mono	Y	-	micro	2.0	Y	-	-
10.		Olympus E-P5	Y	stereo / mono	-	-	micro	2.0	Y	-	-
11.		Olympus PEN-F	Y	stereo / mono	-	-	micro	2.0	Y	-	-
12.		Panasonic GF5	-	stereo / mono	-	-	mini	2.0	-	-	-
13.		Panasonic GF6	-	stereo / mono	-	-	mini	2.0	Y	Y	-
14.		Panasonic GX1	Y	stereo / mono	-	-	mini	2.0	-	-	-
15.		Panasonic GX7	Y	stereo / mono	-	-	mini	2.0	Y	Y	-
16.		Ricoh GR	Y	mono / mono	-	-	micro	2.0	-	-	-
17.		Sony RX100 II	Y	stereo / mono	-	-	micro	2.0	Y	Y	-

It is notable that the E-M5 has a hotshoe, which makes it possible to easily attach optional accessories, such as an external flash gun. The V2 does not feature such an accessory-socket.

Both the V2 and the E-M5 have been discontinued, but can regularly be found used on ebay. The E-M5 was replaced by the Olympus E-M5 II, while the V2 was followed by the Nikon 1 V3. Further information on the features and operation of the V2 and E-M5 can be found, respectively, in the Nikon 1 V2 Manual (free pdf) or the online Olympus E-M5 Manual.

Review summary

So how do things add up? Is the Nikon 1 V2 better than the Olympus E-M5 or vice versa? Below is a summary of the relative strengths of each of the two contestants.

Reasons to prefer the Nikon 1 V2:

• Better video: Provides higher movie framerates (1080/60p versus 1080/60i).
• Better live-view autofocus: Features on-sensor phase-detection for more confident autofocus.
• More detailed LCD: Has a higher resolution rear screen (921k vs 610k dots).
• Faster burst: Shoots at higher frequency (15 vs 9 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 compact: Is smaller (109x82mm vs 122x89mm) and thus needs less room in the bag.
• Less heavy: Is lighter (by 147g or 35 percent) and hence easier to carry around.
• Easier fill-in: Is equipped with a small onboard flash to brighten deep shadow areas.
• More affordable: Was introduced into a lower priced category (38 percent cheaper at launch).
• More modern: Is somewhat more recent (announced 8 months after the E-M5).

Advantages of the Olympus OM-D E-M5:

• Better image quality: Scores substantially higher (21 points) in the DXO overall evaluation.
• Richer colors: Generates noticeably more natural colors (2.6 bits more color depth).
• More dynamic range: Captures a broader range of light and dark details (1.5 EV of extra DR).
• Better low-light sensitivity: Can shoot in dim conditions (1 stops ISO advantage).
• 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.
• Longer lasting: Gets more shots (360 versus 310) out of a single battery charge.
• Better sealing: Is splash and dust sealed for shooting in inclement weather conditions.
• Sharper images: Has stabilization technology built-in to reduce the impact of hand-shake.
• Better lighting: Features a hotshoe and can thus hold and trigger an external flash gun.
• More heavily discounted: Has been on the market for longer (launched in February 2012).

If the count of individual advantages (bullet points above) is taken as a guide, the match-up finishes in a tie (11 points each). 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 sports photographer will view the differences between cameras in a way that diverges from the perspective of a street photog, and a person interested in family portraits has distinct needs from a landscape 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 Nikon 1 V2 and the Olympus E-M5 place the cameras among the top in their class? Find out in the latest Best Mirrorless Interchangeable Lens Camera listing 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 V2 or the E-M5 perform in practice. User reviews, such as those found at amazon, can sometimes inform about these issues, but such feedback is often incomplete, inconsistent, and biased.

Expert reviews

This is why expert reviews are important. The table below provides a synthesis of the camera assessments of some of the best known photo-gear 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.		Nikon 1 V2	3/5	..	..	..	4.5/5	4/5	Oct 2012	799	ebay.com
2.		Olympus E-M5	4/5	+ +	..	80/100	4.5/5	5/5	Feb 2012	1,299	ebay.com
3.		Canon G1 X	5/5	+	..	76/100	4/5	4.5/5	Jan 2012	799	ebay.com
4.		Fujifilm X-M1	3/5	+	..	77/100	4.5/5	4.5/5	Jun 2013	699	ebay.com
5.		Nikon 1 J4	3/5	..	..	..	4.5/5	4/5	Apr 2014	549	ebay.com
6.		Nikon 1 V1	..	+	..	69/100	4.5/5	4/5	Sep 2011	799	ebay.com
7.		Nikon 1 V3	3/5	..	..	76/100	4.5/5	4/5	Mar 2014	799	ebay.com
8.		Olympus E-M1	5/5	+ +	..	84/100	4.5/5	4.5/5	Sep 2013	1,399	ebay.com
9.		Olympus E-M5 II	5/5	+ +	4.5/5	81/100	5/5	5/5	Feb 2015	1,099	ebay.com
10.		Olympus E-P5	5/5	+ +	..	78/100	4.5/5	5/5	May 2013	999	ebay.com
11.		Olympus PEN-F	..	..	4/5	82/100	4.5/5	5/5	Jan 2016	1,199	ebay.com
12.		Panasonic GF5	3/5	..	..	..	4.5/5	4.5/5	Apr 2012	499	ebay.com
13.		Panasonic GF6	..	+ +	..	..	4.5/5	4.5/5	Apr 2013	499	ebay.com
14.		Panasonic GX1	3/5	+	..	77/100	4.5/5	4.5/5	Nov 2011	699	ebay.com
15.		Panasonic GX7	4/5	+	..	79/100	5/5	5/5	Aug 2013	999	ebay.com
16.		Ricoh GR	5/5	..	..	79/100	4.5/5	4.5/5	Apr 2013	799	ebay.com
17.		Sony RX100 II	5/5	+ +	..	79/100	4.5/5	4.5/5	Jun 2013	749	ebay.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

The above review scores should be interpreted with care, 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 comparing ratings of very distinct cameras or ones that are far apart in terms of their release date 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

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