Nikon 1 V3 vs Olympus XZ-2

The Nikon 1 V3 and the Olympus XZ-2 are two digital cameras that were announced, respectively, in March 2014 and September 2012. The V3 is a mirrorless interchangeable lens camera, while the XZ-2 is a fixed lens compact. The cameras are based on an one-inch (V3) and a 1/1.7-inch (XZ-2) sensor. The Nikon has a resolution of 18.2 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 V3		Olympus XZ-2
Mirrorless system camera		Fixed lens compact camera
Nikon 1 mount lenses		28-112mm f/1.8-2.5
18.2 MP – 1" sensor		11.8 MP – 1/1.7" sensor
1080/60p Video		1080/30p Video
ISO 160-12,800		ISO 100-12,800
Viewfinder optional		Viewfinder optional
3.0" LCD – 1037k dots		3.0" LCD – 920k dots
Tilting touchscreen		Tilting touchscreen
60 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
111 x 65 x 33 mm, 381 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 V3 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 side-by-side display below illustrates the physical size and weight of the Nikon 1 V3 and the Olympus XZ-2. 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 dimensions 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 somewhat larger (2 percent) than the Nikon 1 V3. In this context, it is worth noting that neither the V3 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 V3 is an interchangeable lens camera that requires a separate lens. Attaching the latter will add extra weight and bulk to the setup.

The following table provides a synthesis of the main physical specifications of the two cameras and other similar ones. 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.		Nikon 1 V3	111 mm	65 mm	33 mm	381 g	310	n	Mar 2014	799	ebay.com
2.		Olympus XZ-2	113 mm	65 mm	48 mm	346 g	340	n	Sep 2012	599	ebay.com
3.		Canon G7 X Mark II	106 mm	61 mm	42 mm	319 g	265	n	Feb 2016	699	ebay.com
4.		Canon G5 X	112 mm	76 mm	44 mm	353 g	210	n	Oct 2015	799	ebay.com
5.		Canon G9 X	98 mm	58 mm	31 mm	209 g	220	n	Oct 2015	529	ebay.com
6.		Canon G7 X	103 mm	60 mm	40 mm	304 g	210	n	Sep 2014	699	ebay.com
7.		Fujifilm X-T10	118 mm	83 mm	41 mm	381 g	350	n	May 2015	799	ebay.com
8.		Nikon D5500	124 mm	97 mm	70 mm	470 g	820	n	Jan 2015	899	ebay.com
9.		Nikon 1 J5	98 mm	60 mm	32 mm	231 g	250	n	Apr 2015	399	ebay.com
10.		Nikon 1 J4	100 mm	60 mm	29 mm	232 g	300	n	Apr 2014	549	ebay.com
11.		Nikon 1 V2	109 mm	82 mm	46 mm	278 g	310	n	Oct 2012	799	ebay.com
12.		Nikon 1 V1	113 mm	76 mm	44 mm	383 g	350	n	Sep 2011	799	ebay.com
13.		Olympus Stylus 1	116 mm	87 mm	57 mm	402 g	410	n	Oct 2013	699	ebay.com
14.		Olympus E-PL2	114 mm	72 mm	42 mm	362 g	280	n	Jan 2011	599	ebay.com
15.		Olympus E-PL3	110 mm	64 mm	37 mm	313 g	300	n	Jun 2011	599	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

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. The XZ-2 was launched at a lower price than the V3, 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. 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 sensor inside a digital camera is one of the key determinants 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. Further, a large sensor camera will give the photographer additional creative options when using shallow depth-of-field to isolate a subject from its 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 Nikon 1 V3 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 V3 has a native 3:2 aspect ratio, while the one in the XZ-2 offers a 4:3 aspect.

With 18.2MP, the V3 offers a higher resolution than the XZ-2 (11.8MP), but the V3 nevertheless has larger individual pixels (pixel pitch of 2.52μm versus 1.91μm for the XZ-2) due to its larger sensor. Moreover, the V3 is a somewhat more recent model (by 1 year and 5 months) than the XZ-2, and its sensor might 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 V3 has no anti-alias filter installed, so that it can capture all the detail its sensor resolves.

The resolution advantage of the Nikon 1 V3 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the V3 for good quality output (200 dots per inch) amounts to 26.2 x 17.4 inches or 66.4 x 44.3 cm, for very good quality (250 dpi) 20.9 x 14 inches or 53.2 x 35.4 cm, and for excellent quality (300 dpi) 17.4 x 11.6 inches or 44.3 x 29.5 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 V3 has on-sensor phase detect pixels, which results in fast and reliable autofocus acquisition even during live view operation.

The Nikon 1 V3 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.

For many cameras, data on sensor performance has been reported by DXO Mark. This service is based on lab testing and assigns an overall score to each camera sensor, as well as ratings for dynamic range ("DXO Landscape"), color depth ("DXO Portrait"), and low-light sensitivity ("DXO Sports"). The Overall DXO ratings for the two cameras under consideration are close, suggesting that they provide similar imaging performance. 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.		Nikon 1 V3	1-inch	18.2	5232	3488	1080/60p	20.8	10.7	384	52
2.		Olympus XZ-2	1/1.7	11.8	3968	2976	1080/30p	20.4	11.3	216	49
3.		Canon G7 X Mark II	1-inch	20.0	5472	3648	1080/60p	21.8	11.9	260	62
4.		Canon G5 X	1-inch	20.0	5472	3648	1080/60p	21.4	12.3	471	62
5.		Canon G9 X	1-inch	20.0	5472	3648	1080/60p	21.5	12.3	495	63
6.		Canon G7 X	1-inch	20.0	5472	3648	1080/60p	23.0	12.7	556	71
7.		Fujifilm X-T10	APS-C	16.0	4896	3264	1080/60p	23.7	12.9	1546	79
8.		Nikon D5500	APS-C	24.0	6000	4000	1080/60p	24.1	14.0	1438	84
9.		Nikon 1 J5	1-inch	20.7	5568	3712	4K/15p	21.1	12.0	479	65
10.		Nikon 1 J4	1-inch	18.2	5232	3488	1080/60p	20.8	10.7	426	53
11.		Nikon 1 V2	1-inch	14.2	4608	3072	1080/60p	20.2	10.8	403	50
12.		Nikon 1 V1	1-inch	10.0	3872	2592	1080/60i	21.3	11.0	346	54
13.		Olympus Stylus 1	1/1.7	11.8	3968	2976	1080/30p	20.7	11.6	179	51
14.		Olympus E-PL2	Four Thirds	12.2	4032	3024	720/30p	21.4	10.2	573	55
15.		Olympus E-PL3	Four Thirds	12.2	4032	3024	1080/60i	20.9	10.3	499	52
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 are not only capable of taking still images, but also of capturing video footage. The two cameras under consideration both have sensors whose read-out speed is fast enough to capture moving pictures, but the V3 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

Apart from body and sensor, cameras can and do differ across a range of features. The V3 and the XZ-2 are similar in the sense that neither of the two has a viewfinder. The images are, thus, framed using live view on the rear LCD. However, optional viewfinders – the DF-N1000 for the V3 and the VF-2 for the XZ-2 – are available as accessories. The adjacent table lists some of the other core features of the Nikon 1 V3 and Olympus XZ-2 along with similar information for a selection of comparators.

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 V3	optional	n	3.0 / 1037	tilting	Y	1/4000s	60.0/s	Y	n
2.		Olympus XZ-2	optional	n	3.0 / 920	tilting	Y	1/2000s	5.0/s	Y	Y
3.		Canon G7 X Mark II	none	n	3.0 / 1040	tilting	Y	1/2000s	8.0/s	Y	Y
4.		Canon G5 X	2360	n	3.0 / 1040	swivel	Y	1/2000s	5.9/s	Y	Y
5.		Canon G9 X	none	n	3.0 / 1040	fixed	Y	1/2000s	6.0/s	Y	Y
6.		Canon G7 X	none	n	3.0 / 1040	tilting	Y	1/2000s	6.5/s	Y	Y
7.		Fujifilm X-T10	2360	n	3.0 / 920	tilting	n	1/4000s	8.0/s	Y	n
8.		Nikon D5500	optical	n	3.2 / 1037	swivel	Y	1/4000s	5.0/s	Y	n
9.		Nikon 1 J5	none	n	3.0 / 1037	tilting	Y	1/4000s	60.0/s	Y	n
10.		Nikon 1 J4	none	n	3.0 / 1037	Fixed	Y	1/4000s	60.0/s	Y	n
11.		Nikon 1 V2	1440	n	3.0 / 921	fixed	n	1/4000s	15.0/s	Y	n
12.		Nikon 1 V1	1440	n	3.0 / 921	fixed	n	1/4000s	10.0/s	n	n
13.		Olympus Stylus 1	1440	n	3.0 / 1040	tilting	Y	1/2000s	7.0/s	Y	Y
14.		Olympus E-PL2	optional	n	3.0 / 460	fixed	n	1/4000s	3.0/s	Y	Y
15.		Olympus E-PL3	optional	n	3.0 / 460	tilting	n	1/4000s	5.5/s	n	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.

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 V3 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 V3 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.

The V3 writes its imaging data to micro SDXC cards, while the XZ-2 uses SDXC cards. The V3 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 V3 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 V3	-	stereo / mono	Y	-	mini	2.0	Y	-	-
2.		Olympus XZ-2	Y	stereo / mono	-	-	mini	2.0	-	-	-
3.		Canon G7 X Mark II	-	stereo / mono	-	-	micro	2.0	Y	Y	-
4.		Canon G5 X	Y	stereo / mono	-	-	mini	2.0	Y	Y	-
5.		Canon G9 X	-	stereo / mono	-	-	micro	2.0	Y	Y	-
6.		Canon G7 X	-	stereo / mono	-	-	micro	2.0	Y	Y	-
7.		Fujifilm X-T10	Y	stereo / mono	Y	-	micro	2.0	Y	-	-
8.		Nikon D5500	Y	stereo / mono	Y	-	mini	2.0	Y	-	-
9.		Nikon 1 J5	-	stereo / mono	-	-	micro	2.0	Y	Y	-
10.		Nikon 1 J4	-	stereo / mono	-	-	mini	2.0	Y	-	-
11.		Nikon 1 V2	-	stereo / mono	-	-	mini	2.0	-	-	-
12.		Nikon 1 V1	-	stereo / mono	-	-	mini	2.0	-	-	-
13.		Olympus Stylus 1	Y	stereo / mono	-	-	micro	2.0	Y	-	-
14.		Olympus E-PL2	Y	stereo / -	-	-	mini	2.0	-	-	-
15.		Olympus E-PL3	Y	stereo / -	-	-	mini	2.0	-	-	-
16.		Olympus XZ-1	Y	mono / -	-	-	mini	2.0	-	-	-
17.		Pentax MX-1	-	stereo / mono	-	-	mini	2.0	-	-	-

It is notable that the V3 has a microphone port, which is missing on the XZ-2. Such an external microphone input can help to substantially improve the quality of audio recordings when a good external microphone is used.

Both the V3 and the XZ-2 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 Nikon and Olympus. Further information on the features and operation of the V3 and XZ-2 can be found, respectively, in the Nikon 1 V3 Manual (free pdf) or the online Olympus XZ-2 Manual.

Review summary

So what is the bottom line? Which of the two cameras – the Nikon 1 V3 or the Olympus XZ-2 – has the upper hand? Is one clearly better than the other? The listing below highlights the relative strengths of the two models.

Arguments in favor of the Nikon 1 V3:

• More detail: Offers more megapixels (18.2 vs 11.8MP) with a 27% higher linear resolution.
• Maximized detail: Lacks an anti-alias filter to exploit the sensor's full resolution potential.
• Better low-light sensitivity: Requires less light for good images (0.8 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.
• Better sound: Can connect to an external microphone for higher quality sound recording.
• 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.
• Faster burst: Shoots at higher frequency (60 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.
• 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 modern: Is somewhat more recent (announced 1 year and 5 months after the XZ-2).

Advantages of the Olympus XZ-2:

• Better moiré control: Has an anti-alias filter to avoid artificial patterns to appear in images.
• More dynamic range: Captures a broader range of light and dark details (0.6 EV of extra DR).
• Ready to shoot: Has an integrated lens, whereas the V3 necessitates an extra lens.
• Less heavy: Has a lower weight even though it has a lens built in (unlike the V3).
• 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.
• More heavily discounted: Has been on the market for longer (launched in September 2012).

If the number of relative strengths (bullet points above) is taken as a guide, the V3 is the clear winner of the match-up (14 : 8 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.

How about other alternatives? Do the specifications of the Nikon 1 V3 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 specs-based evaluation of cameras can be instructive in revealing their potential as photographic tools, it says little about, for example, the shooting experience and imaging performance of the V3 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 where reviews by experts come in. 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.		Nikon 1 V3	3/5	..	..	76/100	4.5/5	4/5	Mar 2014	799	ebay.com
2.		Olympus XZ-2	4/5	+	..	..	4.5/5	4.5/5	Sep 2012	599	ebay.com
3.		Canon G7 X Mark II	4.5/5	+ +	..	81/100	4.5/5	4.5/5	Feb 2016	699	ebay.com
4.		Canon G5 X	5/5	+ +	..	78/100	4.5/5	4.5/5	Oct 2015	799	ebay.com
5.		Canon G9 X	3.5/5	+ +	..	..	4.5/5	4.5/5	Oct 2015	529	ebay.com
6.		Canon G7 X	4/5	+ +	..	77/100	4.5/5	4.5/5	Sep 2014	699	ebay.com
7.		Fujifilm X-T10	4.5/5	+ +	..	80/100	5/5	5/5	May 2015	799	ebay.com
8.		Nikon D5500	5/5	+	..	79/100	4.5/5	4.5/5	Jan 2015	899	ebay.com
9.		Nikon 1 J5	..	..	..	..	4.5/5	4.5/5	Apr 2015	399	ebay.com
10.		Nikon 1 J4	3/5	..	..	..	4.5/5	4/5	Apr 2014	549	ebay.com
11.		Nikon 1 V2	3/5	..	..	..	4.5/5	4/5	Oct 2012	799	ebay.com
12.		Nikon 1 V1	..	+	..	69/100	4.5/5	4/5	Sep 2011	799	ebay.com
13.		Olympus Stylus 1	..	+ +	..	..	4.5/5	4.5/5	Oct 2013	699	ebay.com
14.		Olympus E-PL2	3/5	83/100	..	71/100	4.5/5	4.5/5	Jan 2011	599	ebay.com
15.		Olympus E-PL3	3/5	+ +	..	72/100	4.5/5	4/5	Jun 2011	599	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. Thus, a score needs to be put into the context of the launch date and the launch price of the camera, and comparisons of ratings among very different cameras or across long time periods 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

Did this review help to inform your camera decision process? In case you would like to check on the differences and similarities of other camera models, just make your choice using the following search menu. There is also a set of direct links to comparison reviews that other users of the CAM-parator app explored.

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