Nikon 1 V2 vs Olympus XZ-2

The Nikon 1 V2 and the Olympus XZ-2 are two digital cameras that were officially introduced, respectively, in October 2012 and September 2012. The V2 is a mirrorless interchangeable lens camera, while the XZ-2 is a fixed lens compact. The cameras are based on an one-inch (V2) and a 1/1.7-inch (XZ-2) sensor. The Nikon has a resolution of 14.2 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

Nikon 1 V2		Olympus XZ-2
Mirrorless system camera		Fixed lens compact camera
Nikon 1 mount lenses		28-112mm f/1.8-2.5
14.2 MP – 1" sensor		11.8 MP – 1/1.7" sensor
1080/60p Video		1080/30p Video
ISO 160-12,800		ISO 100-12,800
Electronic viewfinder (1440k dots)		Viewfinder optional
3.0" LCD – 921k dots		3.0" LCD – 920k dots
Fixed screen (not touch-sensitive)		Tilting touchscreen
15 shutter flaps per second		5 shutter flaps per second
Lens stabilization only		In-body stabilization
310 shots per battery charge		340 shots per battery charge
109 x 82 x 46 mm, 278 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 Nikon 1 V2 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

The physical size and weight of the Nikon 1 V2 and the Olympus XZ-2 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 width, height and depth dimensions are rounded to the nearest millimeter.

The V2 can be obtained in two different colors (black, white), 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 notably smaller (18 percent) than the Nikon 1 V2. In this context, it is worth noting that neither the V2 nor the XZ-2 are weather-sealed.

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 V2 is an interchangeable lens camera that requires a separate lens. Attaching the latter will add extra weight and bulk to the setup.

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	Street Price
1.		Nikon 1 V2	109 mm	82 mm	46 mm	278 g	310	n	Oct 2012	US$ 799	ebay.com
2.		Olympus XZ-2	113 mm	65 mm	48 mm	346 g	340	n	Sep 2012	US$ 599	ebay.com
3.		Canon G1 X	117 mm	81 mm	65 mm	534 g	250	n	Jan 2012	US$ 799	ebay.com
4.		Fujifilm X-M1	117 mm	67 mm	39 mm	330 g	350	n	Jun 2013	US$ 699	ebay.com
5.		Nikon 1 J4	100 mm	60 mm	29 mm	232 g	300	n	Apr 2014	US$ 549	ebay.com
6.		Nikon 1 V1	113 mm	76 mm	44 mm	383 g	350	n	Sep 2011	US$ 799	ebay.com
7.		Nikon 1 V3	111 mm	65 mm	33 mm	381 g	310	n	Mar 2014	US$ 799	ebay.com
8.		Olympus E-PL2	114 mm	72 mm	42 mm	362 g	280	n	Jan 2011	US$ 599	ebay.com
9.		Olympus E-PL3	110 mm	64 mm	37 mm	313 g	300	n	Jun 2011	US$ 599	ebay.com
10.		Olympus Stylus 1	116 mm	87 mm	57 mm	402 g	410	n	Oct 2013	US$ 699	ebay.com
11.		Olympus XZ-1	111 mm	65 mm	42 mm	275 g	320	n	Jan 2011	US$ 499	ebay.com
12.		Panasonic GF5	108 mm	67 mm	37 mm	267 g	360	n	Apr 2012	US$ 499	ebay.com
13.		Panasonic GF6	111 mm	65 mm	38 mm	323 g	340	n	Apr 2013	US$ 499	ebay.com
14.		Panasonic GX1	116 mm	68 mm	39 mm	318 g	320	n	Nov 2011	US$ 699	ebay.com
15.		Pentax MX-1	122 mm	61 mm	51 mm	391 g	290	n	Jan 2013	US$ 499	ebay.com
16.		Ricoh GR	117 mm	61 mm	35 mm	245 g	290	n	Apr 2013	US$ 799	ebay.com
17.		Sony RX100 II	102 mm	58 mm	38 mm	281 g	350	n	Jun 2013	US$ 749	ebay.com
Note: Measurements and pricing do not include easily detachable parts, such as add-on or interchangeable lenses or optional viewfinders.
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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 V2, 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. Then, after the new model is out, very good deals can frequently be found on the pre-owned market.

Sensor comparison

The size of the imaging sensor is a crucial determinant of image quality. A large sensor will generally have larger individual pixels that offer better low-light sensitivity, provide wider dynamic range, and have richer color-depth than smaller pixels 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 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 XZ-2 a 1/1.7-inch sensor. The sensor area in the XZ-2 is 63 percent smaller. As a result of these sensor size differences, the cameras have a format factor of, respectively, 2.7 and 4.4. The sensor in the V2 has a native 3:2 aspect ratio, while the one in the XZ-2 offers a 4:3 aspect.

With 14.2MP, the V2 offers a higher resolution than the XZ-2 (11.8MP), but the V2 nevertheless has larger individual pixels (pixel pitch of 2.86μm versus 1.91μm for the XZ-2) due to its larger sensor. It is noteworthy in this context that the two cameras were released in close succession, so that their sensors are from the same technological generation.

The resolution advantage of the Nikon 1 V2 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the V2 for good quality output (200 dots per inch) amounts to 23 x 15.4 inches or 58.5 x 39 cm, for very good quality (250 dpi) 18.4 x 12.3 inches or 46.8 x 31.2 cm, and for excellent quality (300 dpi) 15.4 x 10.2 inches or 39 x 26 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 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 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"). The Overall DXO ratings for the two cameras under consideration are close, suggesting that they provide similar imaging performance. 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.		Nikon 1 V2	1-inch	14.2	4608	3072	1080/60p	20.2	10.8	403	50
2.		Olympus XZ-2	1/1.7	11.8	3968	2976	1080/30p	20.4	11.3	216	49
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-PL2	Four Thirds	12.2	4032	3024	720/30p	21.4	10.2	573	55
9.		Olympus E-PL3	Four Thirds	12.2	4032	3024	1080/60i	20.9	10.3	499	52
10.		Olympus Stylus 1	1/1.7	11.8	3968	2976	1080/30p	20.7	11.6	179	51
11.		Olympus XZ-1	1/1.7	10.1	3664	2752	720/30p	18.8	10.4	117	34
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.		Pentax MX-1	1/1.7	12.0	4000	3000	1080/30p	20.4	11.3	208	49
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. The two cameras under consideration both have sensors whose read-out speed is fast enough to capture moving pictures, but the V2 provides a higher frame rate than the XZ-2. It can shoot video footage at 1080/60p, while the Olympus is limited to 1080/30p.

Feature comparison

Beyond body and sensor, cameras can and do differ across a range of features. For example, the V2 has an electronic viewfinder (1440k dots), which can be very helpful 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 following table reports on some other key feature differences and similarities of the Nikon 1 V2, the Olympus XZ-2, and comparable 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 XZ-2	optional	n	3.0 / 920	tilting	Y	1/2000s	5.0/s	Y	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-PL2	optional	n	3.0 / 460	fixed	n	1/4000s	3.0/s	Y	Y
9.		Olympus E-PL3	optional	n	3.0 / 460	tilting	n	1/4000s	5.5/s	n	Y
10.		Olympus Stylus 1	1440	n	3.0 / 1040	tilting	Y	1/2000s	7.0/s	Y	Y
11.		Olympus XZ-1	optional	n	3.0 / 614	fixed	n	1/2000s	2.0/s	Y	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.		Pentax MX-1	none	n	3.0 / 920	tilting	n	1/8000s	1.0/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 differentiating feature between the two cameras concerns the touch sensitivity of the rear screen. The XZ-2 has a touchscreen, while the V2 has a conventional panel. Touch control can be particularly helpful, for example, for setting the focus point.

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 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 V2 and the XZ-2 write their files to SDXC cards. The V2 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 Nikon 1 V2 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.		Nikon 1 V2	-	stereo / mono	-	-	mini	2.0	-	-	-
2.		Olympus XZ-2	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-PL2	Y	stereo / -	-	-	mini	2.0	-	-	-
9.		Olympus E-PL3	Y	stereo / -	-	-	mini	2.0	-	-	-
10.		Olympus Stylus 1	Y	stereo / mono	-	-	micro	2.0	Y	-	-
11.		Olympus XZ-1	Y	mono / -	-	-	mini	2.0	-	-	-
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.		Pentax MX-1	-	stereo / mono	-	-	mini	2.0	-	-	-
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 XZ-2 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 XZ-2 have been discontinued, but can regularly be found used on ebay. The V2 was replaced by the Nikon 1 V3, while the XZ-2 does not have a direct successor. Further information on the features and operation of the V2 and XZ-2 can be found, respectively, in the Nikon 1 V2 Manual (free pdf) or the online Olympus XZ-2 Manual.

Review summary

So how do things add up? Is the Nikon 1 V2 better than the Olympus XZ-2 or vice versa? The listing below highlights the relative strengths of the two models.

Arguments in favor of the Nikon 1 V2:

• More detail: Offers more megapixels (14.2 vs 11.8MP) with a 12% higher linear resolution.
• Better low-light sensitivity: Requires less light for good images (0.9 stops ISO advantage).
• Better video: Provides higher movie framerates (1080/60p versus 1080/30p).
• Better live-view autofocus: Features on-sensor phase-detection for more confident autofocus.
• Easier framing: Has an electronic viewfinder for image composition and settings control.
• Faster shutter: Has higher mechanical shutter speed (1/4000s vs 1/2000s) to freeze action.
• Faster burst: Shoots at higher frequency (15 vs 5 flaps/sec) to capture the decisive moment.
• Less disturbing: Has an electronic shutter option for completely silent shooting.
• More flexible: Accepts interchangeable lenses, so that lens characteristics can be altered.
• Faster buffer clearing: Has an SD card interface that supports the UHS-I standard.

Reasons to prefer the Olympus XZ-2:

• 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 V2 necessitates an extra lens.
• More compact: Is smaller (113x65mm vs 109x82mm) and will fit more readily into a bag.
• 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 affordable: Was introduced at a lower price, despite coming with a built-in lens.

If the count of individual advantages (bullet points above) is taken as a guide, the V2 emerges as the winner of the contest (10 : 7 points). However, the relative importance of the various individual camera aspects will vary according to personal preferences and needs, so that you might like to apply corresponding weights to the particular features before making a decision 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 Nikon 1 V2 and the Olympus XZ-2 place the cameras among the top in their class? Find out in the latest Best Mirrorless Interchangeable Lens 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 the spec-sheets of cameras can offer a general idea of their imaging potential, it says little about, for example, the shooting experience and imaging performance of the V2 and the XZ-2 in practical situations. 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	Street Price
1.		Nikon 1 V2	3/5	..	..	..	4.5/5	4/5	Oct 2012	US$ 799	ebay.com
2.		Olympus XZ-2	4/5	+	..	..	4.5/5	4.5/5	Sep 2012	US$ 599	ebay.com
3.		Canon G1 X	5/5	+	..	76/100	4/5	4.5/5	Jan 2012	US$ 799	ebay.com
4.		Fujifilm X-M1	3/5	+	..	77/100	4.5/5	4.5/5	Jun 2013	US$ 699	ebay.com
5.		Nikon 1 J4	3/5	..	..	..	4.5/5	4/5	Apr 2014	US$ 549	ebay.com
6.		Nikon 1 V1	..	+	..	69/100	4.5/5	4/5	Sep 2011	US$ 799	ebay.com
7.		Nikon 1 V3	3/5	..	..	76/100	4.5/5	4/5	Mar 2014	US$ 799	ebay.com
8.		Olympus E-PL2	3/5	83/100	..	71/100	4.5/5	4.5/5	Jan 2011	US$ 599	ebay.com
9.		Olympus E-PL3	3/5	+ +	..	72/100	4.5/5	4/5	Jun 2011	US$ 599	ebay.com
10.		Olympus Stylus 1	..	+ +	..	..	4.5/5	4.5/5	Oct 2013	US$ 699	ebay.com
11.		Olympus XZ-1	4/5	..	..	74/100	4.5/5	4.5/5	Jan 2011	US$ 499	ebay.com
12.		Panasonic GF5	3/5	..	..	..	4.5/5	4.5/5	Apr 2012	US$ 499	ebay.com
13.		Panasonic GF6	..	+ +	..	..	4.5/5	4.5/5	Apr 2013	US$ 499	ebay.com
14.		Panasonic GX1	3/5	+	..	77/100	4.5/5	4.5/5	Nov 2011	US$ 699	ebay.com
15.		Pentax MX-1	3/5	..	..	74/100	4/5	4/5	Jan 2013	US$ 499	ebay.com
16.		Ricoh GR	5/5	..	..	79/100	4.5/5	4.5/5	Apr 2013	US$ 799	ebay.com
17.		Sony RX100 II	5/5	+ +	..	79/100	4.5/5	4.5/5	Jun 2013	US$ 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. Thus, a score needs to be put into the context of the launch date and the launch price of the camera, and rating-comparisons among cameras that span long time periods or concern very differently equipped models make little sense. 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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