Olympus E-P5 vs XZ-2

The Olympus PEN E-P5 and the Olympus XZ-2 are two digital cameras that were announced, respectively, in May 2013 and September 2012. The E-P5 is a mirrorless interchangeable lens camera, while the XZ-2 is a fixed lens compact. The cameras are based on a Four Thirds (E-P5) and a 1/1.7-inch (XZ-2) sensor. The E-P5 has a resolution of 15.9 megapixels, whereas the XZ-2 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

Olympus E-P5		Olympus XZ-2
Mirrorless system camera		Fixed lens compact camera
Micro Four Thirds lenses		28-112mm f/1.8-2.5
15.9 MP – Four Thirds sensor		11.8 MP – 1/1.7" sensor
1080/30p Video		1080/30p Video
ISO 200-25,600		ISO 100-12,800
Viewfinder optional		Viewfinder optional
3.0" LCD – 1037k dots		3.0" LCD – 920k dots
Tilting touchscreen		Tilting touchscreen
9 shutter flaps per second		5 shutter flaps per second
In-body stabilization		In-body stabilization
330 shots per battery charge		340 shots per battery charge
122 x 69 x 37 mm, 420 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 Olympus PEN E-P5 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 Olympus E-P5 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 perspectives from the front, the top, and the back are available. All size dimensions are rounded to the nearest millimeter.

The E-P5 can be obtained in three different colors (black, silver, 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 (13 percent) than the Olympus E-P5. In this context, it is worth noting that neither the E-P5 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 E-P5 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 E-P5 and their specifications in the Micro Four Thirds Lens Catalog.

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.		Olympus E-P5	122 mm	69 mm	37 mm	420 g	330	n	May 2013	999	ebay.com
2.		Olympus XZ-2	113 mm	65 mm	48 mm	346 g	340	n	Sep 2012	599	ebay.com
3.		Olympus E-M1	130 mm	94 mm	63 mm	497 g	350	Y	Sep 2013	1,399	ebay.com
4.		Olympus E-M5	122 mm	89 mm	43 mm	425 g	360	Y	Feb 2012	1,299	ebay.com
5.		Olympus E-M10	119 mm	82 mm	46 mm	396 g	320	n	Jan 2014	699	ebay.com
6.		Olympus E-M10 II	120 mm	83 mm	47 mm	390 g	320	n	Aug 2015	649	ebay.com
7.		Olympus E-P3	122 mm	69 mm	34 mm	369 g	330	n	Jun 2011	799	ebay.com
8.		Olympus E-PL2	114 mm	72 mm	42 mm	362 g	280	n	Jan 2011	599	ebay.com
9.		Olympus E-PL3	110 mm	64 mm	37 mm	313 g	300	n	Jun 2011	599	ebay.com
10.		Olympus E-PL5	111 mm	64 mm	38 mm	325 g	360	n	Sep 2012	599	ebay.com
11.		Olympus E-PL7	115 mm	67 mm	38 mm	357 g	350	n	Aug 2014	599	ebay.com
12.		Olympus E-PM2	110 mm	64 mm	34 mm	269 g	360	n	Sep 2012	499	ebay.com
13.		Olympus PEN-F	125 mm	72 mm	37 mm	427 g	330	n	Jan 2016	1,199	ebay.com
14.		Olympus Stylus 1	116 mm	87 mm	57 mm	402 g	410	n	Oct 2013	699	ebay.com
15.		Olympus XZ-1	111 mm	65 mm	42 mm	275 g	320	n	Jan 2011	499	ebay.com
16.		Panasonic GX7	123 mm	71 mm	55 mm	402 g	350	n	Aug 2013	999	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.
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Any camera decision will naturally be influenced heavily by the price. The manufacturer’s suggested retail prices give an idea on the placement of the camera in the maker’s lineup and the broader market. The XZ-2 was launched at a lower price than the E-P5, 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. 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. 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 are more costly to manufacture and tend to lead to bigger and heavier cameras and lenses.

Of the two cameras under consideration, the Olympus E-P5 features a Four Thirds sensor and the Olympus XZ-2 a 1/1.7-inch sensor. The sensor area in the XZ-2 is 81 percent smaller. As a result of these sensor size differences, the cameras have a format factor of, respectively, 2.0 and 4.4. Both cameras feature a native aspect ratio (sensor width to sensor height) of 4:3.

With 15.9MP, the E-P5 offers a higher resolution than the XZ-2 (11.8MP), but the E-P5 nevertheless has larger individual pixels (pixel pitch of 3.76μm versus 1.91μm for the XZ-2) due to its larger sensor. Moreover, the E-P5 is a somewhat more recent model (by 7 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.

The resolution advantage of the Olympus E-P5 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the E-P5 for good quality output (200 dots per inch) amounts to 23 x 17.3 inches or 58.5 x 43.9 cm, for very good quality (250 dpi) 18.4 x 13.8 inches or 46.8 x 35.1 cm, and for excellent quality (300 dpi) 15.4 x 11.5 inches or 39 x 29.3 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 Olympus PEN E-P5 has a native sensitivity range from ISO 200 to ISO 25600, which can be extended to ISO 100-25600. 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 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"). Of the two cameras under review, the E-P5 provides substantially higher image quality than the XZ-2, with an overall score that is 23 points higher. This advantage is based on 2.4 bits higher color depth, 1.1 EV in additional dynamic range, and 2.1 stops in additional low light sensitivity. 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.		Olympus E-P5	Four Thirds	15.9	4608	3456	1080/30p	22.8	12.4	895	72
2.		Olympus XZ-2	1/1.7	11.8	3968	2976	1080/30p	20.4	11.3	216	49
3.		Olympus E-M1	Four Thirds	15.9	4608	3456	1080/30p	23.0	12.7	757	73
4.		Olympus E-M5	Four Thirds	15.9	4608	3456	1080/60i	22.8	12.3	826	71
5.		Olympus E-M10	Four Thirds	15.9	4608	3456	1080/30p	22.8	12.3	884	72
6.		Olympus E-M10 II	Four Thirds	15.9	4608	3456	1080/60p	23.1	12.5	842	73
7.		Olympus E-P3	Four Thirds	12.2	4032	3024	1080/60i	20.8	10.1	536	51
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 E-PL5	Four Thirds	15.9	4608	3456	1080/30p	22.8	12.3	889	72
11.		Olympus E-PL7	Four Thirds	15.9	4608	3456	1080/30p	22.7	12.4	873	72
12.		Olympus E-PM2	Four Thirds	15.9	4608	3456	1080/30p	22.7	12.2	932	72
13.		Olympus PEN-F	Four Thirds	20.2	5184	3888	1080/60p	23.1	12.4	894	74
14.		Olympus Stylus 1	1/1.7	11.8	3968	2976	1080/30p	20.7	11.6	179	51
15.		Olympus XZ-1	1/1.7	10.1	3664	2752	720/30p	18.8	10.4	117	34
16.		Panasonic GX7	Four Thirds	15.8	4592	3448	1080/60p	22.6	12.2	718	70
17.		Pentax MX-1	1/1.7	12.0	4000	3000	1080/30p	20.4	11.3	208	49

Many modern cameras are not only capable of taking still images, but can also record movies. Both cameras under consideration are equipped with sensors that have a sufficiently high read-out speed for moving images, and both provide the same movie specifications (1080/30p).

Feature comparison

Beyond body and sensor, cameras can and do differ across a range of features. The E-P5 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 VF-4 for the E-P5 and the VF-2 for the XZ-2 – are available as accessories. The table below summarizes some of the other core capabilities of the Olympus E-P5 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.		Olympus E-P5	optional	n	3.0 / 1037	tilting	Y	1/8000s	9.0/s	Y	Y
2.		Olympus XZ-2	optional	n	3.0 / 920	tilting	Y	1/2000s	5.0/s	Y	Y
3.		Olympus E-M1	2360	n	3.0 / 1037	tilting	Y	1/8000s	10.0/s	n	Y
4.		Olympus E-M5	1440	n	3.0 / 610	tilting	Y	1/4000s	9.0/s	n	Y
5.		Olympus E-M10	1440	n	3.0 / 1037	tilting	Y	1/4000s	8.0/s	Y	Y
6.		Olympus E-M10 II	2360	n	3.0 / 1040	tilting	Y	1/4000s	8.0/s	Y	Y
7.		Olympus E-P3	optional	n	3.0 / 614	fixed	Y	1/4000s	3.0/s	Y	Y
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 E-PL5	optional	n	3.0 / 460	tilting	Y	1/4000s	8.0/s	n	Y
11.		Olympus E-PL7	optional	n	3.0 / 1037	tilting	Y	1/4000s	8.0/s	n	Y
12.		Olympus E-PM2	optional	n	3.0 / 460	fixed	Y	1/4000s	8.0/s	n	Y
13.		Olympus PEN-F	2360	n	3.0 / 1037	swivel	Y	1/8000s	10.0/s	n	Y
14.		Olympus Stylus 1	1440	n	3.0 / 1040	tilting	Y	1/2000s	7.0/s	Y	Y
15.		Olympus XZ-1	optional	n	3.0 / 614	fixed	n	1/2000s	2.0/s	Y	Y
16.		Panasonic GX7	2760	n	3.0 / 1040	tilting	Y	1/8000s	5.0/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 Olympus E-P5 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 E-P5 and the XZ-2 write their files to SDXC cards. The E-P5 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 Olympus PEN E-P5 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.		Olympus E-P5	Y	stereo / mono	-	-	micro	2.0	Y	-	-
2.		Olympus XZ-2	Y	stereo / mono	-	-	mini	2.0	-	-	-
3.		Olympus E-M1	Y	stereo / mono	Y	-	micro	2.0	Y	-	-
4.		Olympus E-M5	Y	stereo / mono	-	-	mini	2.0	-	-	-
5.		Olympus E-M10	Y	stereo / mono	-	-	micro	2.0	Y	-	-
6.		Olympus E-M10 II	Y	stereo / mono	-	-	micro	2.0	Y	-	-
7.		Olympus E-P3	Y	stereo / -	-	-	mini	2.0	-	-	-
8.		Olympus E-PL2	Y	stereo / -	-	-	mini	2.0	-	-	-
9.		Olympus E-PL3	Y	stereo / -	-	-	mini	2.0	-	-	-
10.		Olympus E-PL5	Y	stereo / mono	-	-	mini	2.0	-	-	-
11.		Olympus E-PL7	Y	stereo / mono	-	-	micro	2.0	Y	-	-
12.		Olympus E-PM2	Y	stereo / mono	-	-	mini	2.0	-	-	-
13.		Olympus PEN-F	Y	stereo / mono	-	-	micro	2.0	Y	-	-
14.		Olympus Stylus 1	Y	stereo / mono	-	-	micro	2.0	Y	-	-
15.		Olympus XZ-1	Y	mono / -	-	-	mini	2.0	-	-	-
16.		Panasonic GX7	Y	stereo / mono	-	-	mini	2.0	Y	Y	-
17.		Pentax MX-1	-	stereo / mono	-	-	mini	2.0	-	-	-

It is notable that the E-P5 offers wifi support, while the XZ-2 does not. Wifi can be a very convenient means to transfer image data to an off-camera location.

Both the E-P5 and the XZ-2 have been discontinued, but can regularly be found used on ebay. The E-P5 was replaced by the Olympus E-P7, while the XZ-2 does not have a direct successor. Further information on the features and operation of the E-P5 and XZ-2 can be found, respectively, in the Olympus E-P5 Manual (free pdf) or the online Olympus XZ-2 Manual.

Review summary

So what conclusions can be drawn? Which of the two cameras – the Olympus E-P5 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.

Reasons to prefer the Olympus PEN E-P5:

• More detail: Offers more megapixels (15.9 vs 11.8MP) with a 16% higher linear resolution.
• Better image quality: Scores substantially higher (23 points) in the DXO overall assessment.
• Richer colors: Generates images with noticeably better colors (2.4 bits more color depth).
• More dynamic range: Captures a larger spectrum of light and dark details (1.1 EV of extra DR).
• Better low-light sensitivity: Requires less light for good images (2.1 stops ISO advantage).
• More detailed LCD: Has a higher resolution rear screen (1037k vs 920k dots).
• Faster shutter: Has higher mechanical shutter speed (1/8000s vs 1/2000s) to freeze action.
• Faster burst: Shoots at higher frequency (9 vs 5 flaps/sec) to capture the decisive moment.
• 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 7 months after the XZ-2).

Advantages of the Olympus XZ-2:

• Ready to shoot: Has an integrated lens, whereas the E-P5 necessitates an extra lens.
• More compact: Is smaller (113x65mm vs 122x69mm) and will fit more readily into a bag.
• Less heavy: Has a lower weight even though it has a lens built in (unlike the E-P5).
• 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 count of individual advantages (bullet points above) is taken as a guide, the E-P5 is the clear winner of the match-up (12 : 5 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 Olympus E-P5 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 E-P5 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.		Olympus E-P5	5/5	+ +	..	78/100	4.5/5	5/5	May 2013	999	ebay.com
2.		Olympus XZ-2	4/5	+	..	..	4.5/5	4.5/5	Sep 2012	599	ebay.com
3.		Olympus E-M1	5/5	+ +	..	84/100	4.5/5	4.5/5	Sep 2013	1,399	ebay.com
4.		Olympus E-M5	4/5	+ +	..	80/100	4.5/5	5/5	Feb 2012	1,299	ebay.com
5.		Olympus E-M10	4/5	..	..	80/100	5/5	5/5	Jan 2014	699	ebay.com
6.		Olympus E-M10 II	4.5/5	+ +	..	80/100	5/5	5/5	Aug 2015	649	ebay.com
7.		Olympus E-P3	..	83/100	..	74/100	4.5/5	4.5/5	Jun 2011	799	ebay.com
8.		Olympus E-PL2	3/5	83/100	..	71/100	4.5/5	4.5/5	Jan 2011	599	ebay.com
9.		Olympus E-PL3	3/5	+ +	..	72/100	4.5/5	4/5	Jun 2011	599	ebay.com
10.		Olympus E-PL5	3/5	+ +	..	..	4.5/5	4.5/5	Sep 2012	599	ebay.com
11.		Olympus E-PL7	4/5	+	..	..	5/5	4/5	Aug 2014	599	ebay.com
12.		Olympus E-PM2	3/5	..	..	77/100	5/5	4.5/5	Sep 2012	499	ebay.com
13.		Olympus PEN-F	..	..	4/5	82/100	4.5/5	5/5	Jan 2016	1,199	ebay.com
14.		Olympus Stylus 1	..	+ +	..	..	4.5/5	4.5/5	Oct 2013	699	ebay.com
15.		Olympus XZ-1	4/5	..	..	74/100	4.5/5	4.5/5	Jan 2011	499	ebay.com
16.		Panasonic GX7	4/5	+	..	79/100	5/5	5/5	Aug 2013	999	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 ratings were established in reference to similarly priced cameras that were available in the market at the time of the review. A score, therefore, has to be seen in close connection to the price and market introduction time of the camera, 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

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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