Olympus PEN-F vs Leica TL2

The Olympus PEN-F and the Leica TL2 are two digital cameras that were officially introduced, respectively, in January 2016 and July 2017. Both the PEN-F and the TL2 are mirrorless interchangeable lens cameras that are based on a Four Thirds (PEN-F) and an APS-C (TL2) sensor. The Olympus has a resolution of 20.2 megapixels, whereas the Leica provides 24.1 MP.

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

Headline Specifications

Olympus PEN-F		Leica TL2
Mirrorless system camera		Mirrorless system camera
Micro Four Thirds lenses		Leica T mount lenses
20.2 MP – Four Thirds sensor		24.1 MP – APS-C sensor
1080/60p Video		4K/30p Video
ISO 80-25,600		ISO 100-50,000
Electronic viewfinder (2360k dots)		Viewfinder optional
3.0" LCD – 1037k dots		3.7" LCD – 1230k dots
Swivel touchscreen		Fixed touchscreen
10 shutter flaps per second		7 shutter flaps per second
In-body stabilization		Lens stabilization only
330 shots per battery charge		250 shots per battery charge
125 x 72 x 37 mm, 427 g		134 x 69 x 33 mm, 399 g

Check PEN-F offers at
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Going beyond this snapshot of core features and characteristics, what are the differences between the Olympus PEN-F and the Leica TL2? 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 Olympus PEN-F and the Leica TL2. 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 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 Leica TL2 is somewhat larger (3 percent) than the Olympus PEN-F. However, the TL2 is markedly lighter (7 percent) than the PEN-F. In this context, it is worth noting that neither the PEN-F nor the TL2 are weather-sealed.

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.

Concerning battery life, the PEN-F gets 330 shots out of its Olympus BLN-1 battery, while the TL2 can take 250 images on a single charge of its Leica BP-DC13 power pack. The power pack in the TL2 can be charged via the USB port, which can be very convenient when travelling.

The following table provides a synthesis of the main physical specifications of the two cameras and other similar ones. 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.		Olympus PEN-F	125 mm	72 mm	37 mm	427 g	330	n	Jan 2016	1,199	ebay.com
2.		Leica TL2	134 mm	69 mm	33 mm	399 g	250	n	Jul 2017	1,950	ebay.com
3.		Fujifilm X-T20	118 mm	83 mm	41 mm	383 g	350	n	Jan 2017	899	ebay.com
4.		Fujifilm X-A3	117 mm	67 mm	40 mm	339 g	410	n	Aug 2016	399	ebay.com
5.		Leica CL	131 mm	78 mm	45 mm	403 g	220	n	Nov 2017	2,795	ebay.com
6.		Leica TL	134 mm	69 mm	33 mm	384 g	400	n	Nov 2016	1,695	ebay.com
7.		Nikon D3400	124 mm	98 mm	76 mm	445 g	1200	n	Aug 2016	499	ebay.com
8.		Olympus E-M10 III	122 mm	84 mm	50 mm	410 g	330	n	Aug 2017	649	ebay.com
9.		Olympus E-PL8	115 mm	67 mm	38 mm	357 g	350	n	Sep 2016	549	ebay.com
10.		Olympus E-M5 II	124 mm	85 mm	45 mm	469 g	310	Y	Feb 2015	1,099	ebay.com
11.		Olympus E-M10 II	120 mm	83 mm	47 mm	390 g	320	n	Aug 2015	649	ebay.com
12.		Olympus E-PL7	115 mm	67 mm	38 mm	357 g	350	n	Aug 2014	599	ebay.com
13.		Olympus E-M1	130 mm	94 mm	63 mm	497 g	350	Y	Sep 2013	1,399	ebay.com
14.		Olympus E-P5	122 mm	69 mm	37 mm	420 g	330	n	May 2013	999	ebay.com
15.		Olympus E-M5	122 mm	89 mm	43 mm	425 g	360	Y	Feb 2012	1,299	ebay.com
16.		Panasonic GX8	133 mm	78 mm	63 mm	487 g	330	Y	Jul 2015	1,199	ebay.com
17.		Panasonic GX7	123 mm	71 mm	55 mm	402 g	350	n	Aug 2013	999	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 manufacturer’s suggested retail prices give an idea on the placement of the camera in the maker’s lineup and the broader market. The PEN-F was launched at a markedly lower price (by 39 percent) than the TL2, 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 size of the sensor inside a digital camera is one of the key determinants 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. 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 Olympus PEN-F features a Four Thirds sensor and the Leica TL2 an APS-C sensor. The sensor area in the TL2 is 65 percent bigger. As a result of these sensor size differences, the cameras have a format factor of, respectively, 2.0 and 1.5. The sensor in the PEN-F has a native 4:3 aspect ratio, while the one in the TL2 offers a 3:2 aspect.

With 24.1MP, the TL2 offers a higher resolution than the PEN-F (20.2MP), but the TL2 nevertheless has larger individual pixels (pixel pitch of 3.92μm versus 3.34μm for the PEN-F) due to its larger sensor. Moreover, the TL2 is a somewhat more recent model (by 1 year and 5 months) than the PEN-F, and its sensor might have benefitted from technological advances during this time that further enhance the light gathering capacity of its pixel-units. Coming back to sensor resolution, it should be mentioned that neither of the two cameras has an anti-alias filter installed, so they are able to capture all the detail the sensor resolves.

The resolution advantage of the Leica TL2 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the TL2 for good quality output (200 dots per inch) amounts to 30.1 x 20.1 inches or 76.4 x 51 cm, for very good quality (250 dpi) 24.1 x 16.1 inches or 61.1 x 40.8 cm, and for excellent quality (300 dpi) 20 x 13.4 inches or 50.9 x 34 cm. The corresponding values for the Olympus PEN-F are 25.9 x 19.4 inches or 65.8 x 49.4 cm for good quality, 20.7 x 15.6 inches or 52.7 x 39.5 cm for very good quality, and 17.3 x 13 inches or 43.9 x 32.9 cm for excellent quality prints.

Unlike the TL2, 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 Olympus PEN-F has a native sensitivity range from ISO 80 to ISO 25600. The corresponding ISO settings for the Leica TL2 are ISO 100 to ISO 50000 (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 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.		Olympus PEN-F	Four Thirds	20.2	5184	3888	1080/60p	23.1	12.4	894	74
2.		Leica TL2	APS-C	24.1	6014	4014	4K/30p	23.9	13.3	1753	82
3.		Fujifilm X-T20	APS-C	24.0	6000	4000	4K/30p	23.9	13.2	1704	81
4.		Fujifilm X-A3	APS-C	24.0	6000	4000	1080/60p	23.8	13.1	1664	81
5.		Leica CL	APS-C	24.1	6014	4014	4K/30p	24.0	13.3	1788	82
6.		Leica TL	APS-C	16.1	4928	3264	1080/30p	23.9	13.2	1690	81
7.		Nikon D3400	APS-C	24.0	6000	4000	1080/60p	24.8	13.9	1192	86
8.		Olympus E-M10 III	Four Thirds	15.9	4608	3456	4K/30p	23.1	12.8	1120	74
9.		Olympus E-PL8	Four Thirds	15.9	4608	3456	1080/30p	23.0	12.6	1030	73
10.		Olympus E-M5 II	Four Thirds	15.9	4608	3456	1080/60p	23.0	12.5	842	73
11.		Olympus E-M10 II	Four Thirds	15.9	4608	3456	1080/60p	23.1	12.5	842	73
12.		Olympus E-PL7	Four Thirds	15.9	4608	3456	1080/30p	22.7	12.4	873	72
13.		Olympus E-M1	Four Thirds	15.9	4608	3456	1080/30p	23.0	12.7	757	73
14.		Olympus E-P5	Four Thirds	15.9	4608	3456	1080/30p	22.8	12.4	895	72
15.		Olympus E-M5	Four Thirds	15.9	4608	3456	1080/60i	22.8	12.3	826	71
16.		Panasonic GX8	Four Thirds	20.2	5184	3888	4K/30p	23.5	12.6	806	75
17.		Panasonic GX7	Four Thirds	15.8	4592	3448	1080/60p	22.6	12.2	718	70
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 can also record movies. The two cameras under consideration both have sensors whose read-out speed is fast enough to capture moving pictures, but the TL2 provides a better video resolution than the PEN-F. It can shoot movie footage at 4K/30p, while the Olympus is limited to 1080/60p.

Feature comparison

Apart from 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 TL2 relies on live view and the rear LCD for framing. That said, the TL2 can be equipped with an optional viewfinder – the Visoflex (Typ 020). The following table reports on some other key feature differences and similarities of the Olympus PEN-F, the Leica TL2, 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.		Olympus PEN-F	2360	n	3.0 / 1037	swivel	Y	1/8000s	10.0/s	n	Y
2.		Leica TL2	optional	n	3.7 / 1230	fixed	Y	1/4000s	7.0/s	n	n
3.		Fujifilm X-T20	2360	n	3.0 / 1040	tilting	Y	1/4000s	8.0/s	Y	n
4.		Fujifilm X-A3	none	n	3.0 / 1040	tilting	Y	1/4000s	6.0/s	Y	n
5.		Leica CL	2360	Y	3.0 / 1040	fixed	Y	1/8000s	10.0/s	n	n
6.		Leica TL	optional	n	3.7 / 1230	fixed	Y	1/4000s	5.0/s	Y	n
7.		Nikon D3400	optical	n	3.0 / 921	fixed	n	1/4000s	5.0/s	Y	n
8.		Olympus E-M10 III	2360	n	3.0 / 1040	tilting	Y	1/4000s	8.6/s	Y	Y
9.		Olympus E-PL8	optional	n	3.0 / 1037	tilting	Y	1/4000s	8.0/s	n	Y
10.		Olympus E-M5 II	2360	n	3.0 / 1037	swivel	Y	1/8000s	10.0/s	n	Y
11.		Olympus E-M10 II	2360	n	3.0 / 1040	tilting	Y	1/4000s	8.0/s	Y	Y
12.		Olympus E-PL7	optional	n	3.0 / 1037	tilting	Y	1/4000s	8.0/s	n	Y
13.		Olympus E-M1	2360	n	3.0 / 1037	tilting	Y	1/8000s	10.0/s	n	Y
14.		Olympus E-P5	optional	n	3.0 / 1037	tilting	Y	1/8000s	9.0/s	Y	Y
15.		Olympus E-M5	1440	n	3.0 / 610	tilting	Y	1/4000s	9.0/s	n	Y
16.		Panasonic GX8	2360	n	3.0 / 1040	swivel	Y	1/8000s	10.0/s	n	Y
17.		Panasonic GX7	2760	n	3.0 / 1040	tilting	Y	1/8000s	5.0/s	Y	Y
Note: *) Information refers to the mechanical shutter, unless the camera only has an electronic one.

One feature that differentiates the PEN-F and the TL2 is in-body image stabilization (IBIS). The PEN-F reduces the risk of handshake-induced blur with all attached lenses, while the TL2 offers no blur reduction with lenses that themselves do not provide optical image stabilization.

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.

Concerning the storage of imaging data, both the PEN-F and the TL2 write their files to SDXC cards. Both cameras support UHS-II cards, which provide for Ultra High Speed data transfer of up to 312 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 Olympus PEN-F and Leica TL2 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 PEN-F	Y	stereo / mono	-	-	micro	2.0	Y	-	-
2.		Leica TL2	Y	stereo / mono	-	-	micro	3.0	Y	-	-
3.		Fujifilm X-T20	Y	stereo / mono	Y	-	micro	2.0	Y	-	-
4.		Fujifilm X-A3	Y	stereo / mono	-	-	micro	2.0	Y	-	-
5.		Leica CL	Y	stereo / mono	-	-	-	-	Y	-	-
6.		Leica TL	Y	stereo / mono	-	-	micro	2.0	Y	-	-
7.		Nikon D3400	Y	mono / mono	-	-	mini	2.0	-	-	Y
8.		Olympus E-M10 III	Y	stereo / mono	-	-	micro	2.0	Y	-	-
9.		Olympus E-PL8	Y	stereo / mono	-	-	micro	2.0	Y	-	-
10.		Olympus E-M5 II	Y	stereo / mono	Y	-	micro	2.0	Y	-	-
11.		Olympus E-M10 II	Y	stereo / mono	-	-	micro	2.0	Y	-	-
12.		Olympus E-PL7	Y	stereo / mono	-	-	micro	2.0	Y	-	-
13.		Olympus E-M1	Y	stereo / mono	Y	-	micro	2.0	Y	-	-
14.		Olympus E-P5	Y	stereo / mono	-	-	micro	2.0	Y	-	-
15.		Olympus E-M5	Y	stereo / mono	-	-	mini	2.0	-	-	-
16.		Panasonic GX8	Y	stereo / mono	Y	-	micro	2.0	Y	Y	-
17.		Panasonic GX7	Y	stereo / mono	-	-	mini	2.0	Y	Y	-

Both the PEN-F and the TL2 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 Olympus and Leica. Further information on the features and operation of the PEN-F and TL2 can be found, respectively, in the Olympus PEN-F Manual (free pdf) or the online Leica TL2 Manual.

Review summary

So what conclusions can be drawn? Is there a clear favorite between the Olympus PEN-F and the Leica TL2? Which camera is better? The listing below highlights the relative strengths of the two models.

Arguments in favor of the Olympus PEN-F:

• High quality composites: Can combine several shots after pixel-shifting its sensor.
• Easier framing: Has an electronic viewfinder for image composition and settings control.
• More flexible LCD: Has a swivel screen for odd-angle shots in portrait or landscape orientation.
• 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 1/4000s) to freeze action.
• Faster burst: Shoots at higher frequency (10 vs 7 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.
• Longer lasting: Can take more shots (330 versus 250) on a single battery charge.
• Sharper images: Has hand-shake reducing image stabilization built-in.
• More affordable: Was introduced into a lower priced category (39 percent cheaper at launch).
• More heavily discounted: Has been on the market for longer (launched in January 2016).

Reasons to prefer the Leica TL2:

• More detail: Has more megapixels (24.1 vs 20.2MP), which boosts linear resolution by 12%.
• Better image quality: Is equipped with a larger and more technologically advanced sensor.
• Richer colors: The sensor size advantage translates into images with better, more accurate colors.
• More dynamic range: Larger sensor captures a wider spectrum of light and dark details.
• Better low-light sensitivity: Larger sensor produces good images even in poorly lit environments.
• Better video: Provides higher definition movie capture (4K/30p vs 1080/60p).
• Larger screen: Has a bigger rear LCD (3.7" vs 3.0") for image review and settings control.
• More detailed LCD: Has a higher resolution rear screen (1230k vs 1037k dots).
• Easier travel charging: Can be conveniently charged via its USB port.
• Faster data transfer: Supports a more advanced USB protocol (3.0 vs 2.0).
• More prestigious: Has the Leica luxury appeal, which ensures a high resale value.
• More modern: Was introduced somewhat (1 year and 5 months) more recently.

If the count of relative strengths (bullet points above) is taken as a measure, the match-up finishes in a tie (12 points each). 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 wedding photographer will view the differences between cameras in a way that diverges from the perspective of a travel photog, and a person interested in cityscapes has distinct needs from a macro 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 PEN-F and the Leica TL2 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 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 PEN-F and the TL2 in practical situations. At times, user reviews, such as those published at amazon, address these issues in a useful manner, but such feedback is on many occasions incomplete, inconsistent, and unreliable.

Expert reviews

This is why hands-on reviews by experts are important. The adjacent summary-table relays the overall verdicts of several of the most popular 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 PEN-F	..	..	4/5	82/100	4.5/5	5/5	Jan 2016	1,199	ebay.com
2.		Leica TL2	3.5/5	..	3/5	..	4/5	4/5	Jul 2017	1,950	ebay.com
3.		Fujifilm X-T20	5/5	+ +	5/5	82/100	5/5	4.5/5	Jan 2017	899	ebay.com
4.		Fujifilm X-A3	..	..	..	74/100	4.5/5	4/5	Aug 2016	399	ebay.com
5.		Leica CL	..	..	4.2/5	..	..	4/5	Nov 2017	2,795	ebay.com
6.		Leica TL	..	..	..	..	..	4/5	Nov 2016	1,695	ebay.com
7.		Nikon D3400	4/5	+	4/5	76/100	4/5	4.5/5	Aug 2016	499	ebay.com
8.		Olympus E-M10 III	..	+	5/5	80/100	4.5/5	4.5/5	Aug 2017	649	ebay.com
9.		Olympus E-PL8	..	..	..	..	4.5/5	4/5	Sep 2016	549	ebay.com
10.		Olympus E-M5 II	5/5	+ +	4.5/5	81/100	5/5	5/5	Feb 2015	1,099	ebay.com
11.		Olympus E-M10 II	4.5/5	+ +	..	80/100	5/5	5/5	Aug 2015	649	ebay.com
12.		Olympus E-PL7	4/5	+	..	..	5/5	4/5	Aug 2014	599	ebay.com
13.		Olympus E-M1	5/5	+ +	..	84/100	4.5/5	4.5/5	Sep 2013	1,399	ebay.com
14.		Olympus E-P5	5/5	+ +	..	78/100	4.5/5	5/5	May 2013	999	ebay.com
15.		Olympus E-M5	4/5	+ +	..	80/100	4.5/5	5/5	Feb 2012	1,299	ebay.com
16.		Panasonic GX8	5/5	+	..	82/100	4.5/5	4.5/5	Jul 2015	1,199	ebay.com
17.		Panasonic GX7	4/5	+	..	79/100	5/5	5/5	Aug 2013	999	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. A score, therefore, has to be seen in close connection to the price and market introduction time 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

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 use the search menu 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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