Olympus XZ-2 vs E-P5

The Olympus XZ-2 and the Olympus PEN E-P5 are two digital cameras that were announced, respectively, in September 2012 and May 2013. The XZ-2 is a fixed lens compact, while the E-P5 is a mirrorless interchangeable lens camera. The cameras are based on a 1/1.7-inch (XZ-2) and a Four Thirds (E-P5) sensor. The XZ-2 has a resolution of 11.8 megapixels, whereas the E-P5 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

Olympus XZ-2		Olympus E-P5
Fixed lens compact camera		Mirrorless system camera
28-112mm f/1.8-2.5		Micro Four Thirds lenses
11.8 MP – 1/1.7" sensor		15.9 MP – Four Thirds sensor
1080/30p Video		1080/30p Video
ISO 100-12,800		ISO 200-25,600
Viewfinder optional		Viewfinder optional
3.0" LCD – 920k dots		3.0" LCD – 1037k dots
Tilting touchscreen		Tilting touchscreen
5 shutter flaps per second		9 shutter flaps per second
In-body stabilization		In-body stabilization
340 shots per battery charge		330 shots per battery charge
113 x 65 x 48 mm, 346 g		122 x 69 x 37 mm, 420 g

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Going beyond this snapshot of core features and characteristics, what are the differences between the Olympus XZ-2 and the Olympus PEN E-P5? 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 XZ-2 and the Olympus E-P5 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 E-P5 is notably larger (15 percent) than the Olympus XZ-2. In this context, it is worth noting that neither the XZ-2 nor the E-P5 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 table below summarizes the key physical specs of the two cameras alongside a broader set of comparators. 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.		Olympus XZ-2	113 mm	65 mm	48 mm	346 g	340	n	Sep 2012	599	ebay.com
2.		Olympus E-P5	122 mm	69 mm	37 mm	420 g	330	n	May 2013	999	ebay.com
3.		Canon G16	109 mm	76 mm	40 mm	356 g	360	n	Aug 2013	549	ebay.com
4.		Canon G15	107 mm	76 mm	40 mm	352 g	350	n	Sep 2012	499	ebay.com
5.		Fujifilm X10	117 mm	70 mm	57 mm	350 g	270	n	Sep 2011	599	ebay.com
6.		Olympus PEN-F	125 mm	72 mm	37 mm	427 g	330	n	Jan 2016	1,199	ebay.com
7.		Olympus E-M10 II	120 mm	83 mm	47 mm	390 g	320	n	Aug 2015	649	ebay.com
8.		Olympus E-M10	119 mm	82 mm	46 mm	396 g	320	n	Jan 2014	699	ebay.com
9.		Olympus E-M1	130 mm	94 mm	63 mm	497 g	350	Y	Sep 2013	1,399	ebay.com
10.		Olympus Stylus 1	116 mm	87 mm	57 mm	402 g	410	n	Oct 2013	699	ebay.com
11.		Olympus E-P3	122 mm	69 mm	34 mm	369 g	330	n	Jun 2011	799	ebay.com
12.		Olympus E-PL2	114 mm	72 mm	42 mm	362 g	280	n	Jan 2011	599	ebay.com
13.		Olympus E-PL3	110 mm	64 mm	37 mm	313 g	300	n	Jun 2011	599	ebay.com
14.		Olympus XZ-1	111 mm	65 mm	42 mm	275 g	320	n	Jan 2011	499	ebay.com
15.		Panasonic GX7	123 mm	71 mm	55 mm	402 g	350	n	Aug 2013	999	ebay.com
16.		Panasonic LX7	111 mm	68 mm	46 mm	298 g	330	n	Jul 2012	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

Any camera decision will obviously take relative prices into account. The listed launch prices provide an indication of the market segment that the manufacturer of the cameras have been targeting. 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 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 are more costly to manufacture and tend to lead to bigger and heavier cameras and lenses.

Of the two cameras under consideration, the Olympus XZ-2 features a 1/1.7-inch sensor and the Olympus E-P5 a Four Thirds sensor. The sensor area in the E-P5 is 423 percent bigger. As a result of these sensor size differences, the cameras have a format factor of, respectively, 4.4 and 2.0. 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 pixel-units.

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 XZ-2 has a native sensitivity range from ISO 100 to ISO 12800. The corresponding ISO settings for the Olympus PEN E-P5 are ISO 200 to ISO 25600, with the possibility to increase the ISO range to 100-25600.

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 consideration, the E-P5 offers substantially better image quality than the XZ-2 (overall score 23 points higher). The 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 XZ-2	1/1.7	11.8	3968	2976	1080/30p	20.4	11.3	216	49
2.		Olympus E-P5	Four Thirds	15.9	4608	3456	1080/30p	22.8	12.4	895	72
3.		Canon G16	1/1.7	12.0	4000	3000	1080/60p	21.0	11.7	230	54
4.		Canon G15	1/1.7	12.0	4000	3000	1080/24p	19.9	11.5	165	46
5.		Fujifilm X10	2/3	12.0	4000	3000	1080/30p	20.5	11.3	245	50
6.		Olympus PEN-F	Four Thirds	20.2	5184	3888	1080/60p	23.1	12.4	894	74
7.		Olympus E-M10 II	Four Thirds	15.9	4608	3456	1080/60p	23.1	12.5	842	73
8.		Olympus E-M10	Four Thirds	15.9	4608	3456	1080/30p	22.8	12.3	884	72
9.		Olympus E-M1	Four Thirds	15.9	4608	3456	1080/30p	23.0	12.7	757	73
10.		Olympus Stylus 1	1/1.7	11.8	3968	2976	1080/30p	20.7	11.6	179	51
11.		Olympus E-P3	Four Thirds	12.2	4032	3024	1080/60i	20.8	10.1	536	51
12.		Olympus E-PL2	Four Thirds	12.2	4032	3024	720/30p	21.4	10.2	573	55
13.		Olympus E-PL3	Four Thirds	12.2	4032	3024	1080/60i	20.9	10.3	499	52
14.		Olympus XZ-1	1/1.7	10.1	3664	2752	720/30p	18.8	10.4	117	34
15.		Panasonic GX7	Four Thirds	15.8	4592	3448	1080/60p	22.6	12.2	718	70
16.		Panasonic LX7	1/1.7	10.0	3648	2736	1080/60p	20.7	11.7	147	50
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

Apart from body and sensor, cameras can and do differ across a range of features. The XZ-2 and the E-P5 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-2 for the XZ-2 and the VF-4 for the E-P5 – are available as accessories. The adjacent table lists some of the other core features of the Olympus XZ-2 and Olympus E-P5 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.		Olympus XZ-2	optional	n	3.0 / 920	tilting	Y	1/2000s	5.0/s	Y	Y
2.		Olympus E-P5	optional	n	3.0 / 1037	tilting	Y	1/8000s	9.0/s	Y	Y
3.		Canon G16	optical	n	3.0 / 922	fixed	n	1/4000s	2.2/s	Y	Y
4.		Canon G15	optical	n	3.0 / 922	fixed	n	1/4000s	2.1/s	Y	Y
5.		Fujifilm X10	optical	n	2.8 / 460	fixed	n	1/4000s	10.0/s	Y	Y
6.		Olympus PEN-F	2360	n	3.0 / 1037	swivel	Y	1/8000s	10.0/s	n	Y
7.		Olympus E-M10 II	2360	n	3.0 / 1040	tilting	Y	1/4000s	8.0/s	Y	Y
8.		Olympus E-M10	1440	n	3.0 / 1037	tilting	Y	1/4000s	8.0/s	Y	Y
9.		Olympus E-M1	2360	n	3.0 / 1037	tilting	Y	1/8000s	10.0/s	n	Y
10.		Olympus Stylus 1	1440	n	3.0 / 1040	tilting	Y	1/2000s	7.0/s	Y	Y
11.		Olympus E-P3	optional	n	3.0 / 614	fixed	Y	1/4000s	3.0/s	Y	Y
12.		Olympus E-PL2	optional	n	3.0 / 460	fixed	n	1/4000s	3.0/s	Y	Y
13.		Olympus E-PL3	optional	n	3.0 / 460	tilting	n	1/4000s	5.5/s	n	Y
14.		Olympus XZ-1	optional	n	3.0 / 614	fixed	n	1/2000s	2.0/s	Y	Y
15.		Panasonic GX7	2760	n	3.0 / 1040	tilting	Y	1/8000s	5.0/s	Y	Y
16.		Panasonic LX7	optional	n	3.0 / 920	fixed	n	1/4000s	11.0/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 XZ-2 and the Olympus E-P5 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 XZ-2 and the E-P5 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 XZ-2 and Olympus PEN E-P5 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 XZ-2	Y	stereo / mono	-	-	mini	2.0	-	-	-
2.		Olympus E-P5	Y	stereo / mono	-	-	micro	2.0	Y	-	-
3.		Canon G16	Y	stereo / mono	-	-	mini	2.0	Y	-	-
4.		Canon G15	Y	stereo / mono	-	-	mini	2.0	-	-	-
5.		Fujifilm X10	Y	stereo / mono	-	-	mini	2.0	-	-	-
6.		Olympus PEN-F	Y	stereo / mono	-	-	micro	2.0	Y	-	-
7.		Olympus E-M10 II	Y	stereo / mono	-	-	micro	2.0	Y	-	-
8.		Olympus E-M10	Y	stereo / mono	-	-	micro	2.0	Y	-	-
9.		Olympus E-M1	Y	stereo / mono	Y	-	micro	2.0	Y	-	-
10.		Olympus Stylus 1	Y	stereo / mono	-	-	micro	2.0	Y	-	-
11.		Olympus E-P3	Y	stereo / -	-	-	mini	2.0	-	-	-
12.		Olympus E-PL2	Y	stereo / -	-	-	mini	2.0	-	-	-
13.		Olympus E-PL3	Y	stereo / -	-	-	mini	2.0	-	-	-
14.		Olympus XZ-1	Y	mono / -	-	-	mini	2.0	-	-	-
15.		Panasonic GX7	Y	stereo / mono	-	-	mini	2.0	Y	Y	-
16.		Panasonic LX7	Y	stereo / mono	-	-	mini	2.0	-	-	-
17.		Pentax MX-1	-	stereo / mono	-	-	mini	2.0	-	-	-

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

Both the XZ-2 and the E-P5 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 XZ-2 and E-P5 can be found, respectively, in the Olympus XZ-2 Manual (free pdf) or the online Olympus E-P5 Manual.

Review summary

So what conclusions can be drawn? Is there a clear favorite between the Olympus XZ-2 and the Olympus E-P5? Which camera is better? A synthesis of the relative strong points of each of the models is listed below.

Reasons to prefer the Olympus XZ-2:

• Ready to shoot: Has a lens built-in, whereas the E-P5 requires a separate lens.
• More compact: Is smaller (113x65mm vs 122x69mm) and thus needs less room in the bag.
• Less heavy: Is lighter even though it comes with a built-in lens (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).

Arguments in favor of the Olympus PEN E-P5:

• More detail: Has more megapixels (15.9 vs 11.8MP), which boosts linear resolution by 16%.
• Better image quality: Scores substantially higher (23 points) in the DXO overall evaluation.
• Richer colors: Generates noticeably more natural colors (2.4 bits more color depth).
• More dynamic range: Captures a broader range of light and dark details (1.1 EV of extra DR).
• Better low-light sensitivity: Can shoot in dim conditions (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: Takes interchangeable lenses and can thus be used with specialty optics.
• 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: Was introduced somewhat (7 months) more recently.

If the count of individual advantages (bullet points above) is taken as a guide, the E-P5 is the clear winner of the contest (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 XZ-2 and the Olympus E-P5 place the cameras among the top in their class? Find out in the latest Best Travel-Zoom Camera and Best Mirrorless Interchangeable Lens 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 remains partial and cannot reveal, for example, the shooting experience and imaging performance when actually working with the XZ-2 or the E-P5. 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 hands-on reviews by experts 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.		Olympus XZ-2	4/5	+	..	..	4.5/5	4.5/5	Sep 2012	599	ebay.com
2.		Olympus E-P5	5/5	+ +	..	78/100	4.5/5	5/5	May 2013	999	ebay.com
3.		Canon G16	4/5	+	..	..	4.5/5	4.5/5	Aug 2013	549	ebay.com
4.		Canon G15	4/5	+	..	76/100	4.5/5	4.5/5	Sep 2012	499	ebay.com
5.		Fujifilm X10	..	..	..	76/100	4/5	4.5/5	Sep 2011	599	ebay.com
6.		Olympus PEN-F	..	..	4/5	82/100	4.5/5	5/5	Jan 2016	1,199	ebay.com
7.		Olympus E-M10 II	4.5/5	+ +	..	80/100	5/5	5/5	Aug 2015	649	ebay.com
8.		Olympus E-M10	4/5	..	..	80/100	5/5	5/5	Jan 2014	699	ebay.com
9.		Olympus E-M1	5/5	+ +	..	84/100	4.5/5	4.5/5	Sep 2013	1,399	ebay.com
10.		Olympus Stylus 1	..	+ +	..	..	4.5/5	4.5/5	Oct 2013	699	ebay.com
11.		Olympus E-P3	..	83/100	..	74/100	4.5/5	4.5/5	Jun 2011	799	ebay.com
12.		Olympus E-PL2	3/5	83/100	..	71/100	4.5/5	4.5/5	Jan 2011	599	ebay.com
13.		Olympus E-PL3	3/5	+ +	..	72/100	4.5/5	4/5	Jun 2011	599	ebay.com
14.		Olympus XZ-1	4/5	..	..	74/100	4.5/5	4.5/5	Jan 2011	499	ebay.com
15.		Panasonic GX7	4/5	+	..	79/100	5/5	5/5	Aug 2013	999	ebay.com
16.		Panasonic LX7	3/5	+ +	..	75/100	4/5	4.5/5	Jul 2012	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 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 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 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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