Olympus XZ-2 vs Panasonic G2

The Olympus XZ-2 and the Panasonic Lumix DMC-G2 are two digital cameras that were revealed to the public, respectively, in September 2012 and March 2010. The XZ-2 is a fixed lens compact, while the G2 is a mirrorless interchangeable lens camera. The cameras are based on a 1/1.7-inch (XZ-2) and a Four Thirds (G2) sensor. The Olympus has a resolution of 11.8 megapixels, whereas the Panasonic provides 12 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		Panasonic G2
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		12 MP – Four Thirds sensor
1080/30p Video		720/30p Video
ISO 100-12,800		ISO 100-6,400
Viewfinder optional		Electronic viewfinder (1440k dots)
3.0" LCD – 920k dots		3.0" LCD – 460k dots
Tilting touchscreen		Swivel touchscreen
5 shutter flaps per second		2.6 shutter flaps per second
In-body stabilization		Lens stabilization only
340 shots per battery charge		360 shots per battery charge
113 x 65 x 48 mm, 346 g		124 x 84 x 74 mm, 428 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 Panasonic Lumix DMC-G2? 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 XZ-2 and the Panasonic G2. 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.

The G2 can be obtained in three different colors (black, blue, red), 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 Panasonic G2 is notably larger (42 percent) than the Olympus XZ-2. In this context, it is worth noting that neither the XZ-2 nor the G2 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 G2 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 G2 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.		Panasonic G2	124 mm	84 mm	74 mm	428 g	360	n	Mar 2010	599	ebay.com
3.		Canon G15	107 mm	76 mm	40 mm	352 g	350	n	Sep 2012	499	ebay.com
4.		Canon G16	109 mm	76 mm	40 mm	356 g	360	n	Aug 2013	549	ebay.com
5.		Fujifilm X10	117 mm	70 mm	57 mm	350 g	270	n	Sep 2011	599	ebay.com
6.		Olympus E-P3	122 mm	69 mm	34 mm	369 g	330	n	Jun 2011	799	ebay.com
7.		Olympus E-PL2	114 mm	72 mm	42 mm	362 g	280	n	Jan 2011	599	ebay.com
8.		Olympus E-PL3	110 mm	64 mm	37 mm	313 g	300	n	Jun 2011	599	ebay.com
9.		Olympus Stylus 1	116 mm	87 mm	57 mm	402 g	410	n	Oct 2013	699	ebay.com
10.		Olympus XZ-1	111 mm	65 mm	42 mm	275 g	320	n	Jan 2011	499	ebay.com
11.		Panasonic G1	124 mm	84 mm	45 mm	360 g	410	n	Sep 2008	599	ebay.com
12.		Panasonic G3	115 mm	84 mm	47 mm	336 g	270	n	May 2011	599	ebay.com
13.		Panasonic G10	124 mm	84 mm	74 mm	388 g	380	n	Mar 2010	499	ebay.com
14.		Panasonic GH1	124 mm	90 mm	45 mm	385 g	300	n	Mar 2009	899	ebay.com
15.		Panasonic GH2	124 mm	90 mm	76 mm	442 g	330	n	Sep 2010	899	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. 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 Panasonic G2 a Four Thirds sensor. The sensor area in the G2 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 12MP, the G2 offers a higher resolution than the XZ-2 (11.8MP), but the G2 nevertheless has larger individual pixels (pixel pitch of 4.33μm versus 1.91μm for the XZ-2) due to its larger sensor. However, the XZ-2 is a much more recent model (by 2 years and 6 months) than the G2, and its sensor will have benefitted from technological advances during this time that enhance the light gathering capacity of its pixel-units.

The Olympus XZ-2 has a native sensitivity range from ISO 100 to ISO 12800. The corresponding ISO settings for the Panasonic Lumix DMC-G2 are ISO 100 to ISO 6400 (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 assesses and scores the color depth ("DXO Portrait"), dynamic range ("DXO Landscape"), and low-light sensitivity ("DXO Sports") of camera sensors, and also publishes an overall camera score. Of the two cameras under consideration, the G2 has a markedly higher DXO score than the XZ-2 (overall score 4 points higher), which will translate into better image quality. The advantage is based on 0.8 bits higher color depth, 1 EV of lower dynamic range, and 1.2 stops in additional low light sensitivity. 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 XZ-2	1/1.7	11.8	3968	2976	1080/30p	20.4	11.3	216	49
2.		Panasonic G2	Four Thirds	12.0	4000	3000	720/30p	21.2	10.3	493	53
3.		Canon G15	1/1.7	12.0	4000	3000	1080/24p	19.9	11.5	165	46
4.		Canon G16	1/1.7	12.0	4000	3000	1080/60p	21.0	11.7	230	54
5.		Fujifilm X10	2/3	12.0	4000	3000	1080/30p	20.5	11.3	245	50
6.		Olympus E-P3	Four Thirds	12.2	4032	3024	1080/60i	20.8	10.1	536	51
7.		Olympus E-PL2	Four Thirds	12.2	4032	3024	720/30p	21.4	10.2	573	55
8.		Olympus E-PL3	Four Thirds	12.2	4032	3024	1080/60i	20.9	10.3	499	52
9.		Olympus Stylus 1	1/1.7	11.8	3968	2976	1080/30p	20.7	11.6	179	51
10.		Olympus XZ-1	1/1.7	10.1	3664	2752	720/30p	18.8	10.4	117	34
11.		Panasonic G1	Four Thirds	12.0	4000	3000	none	21.1	10.3	463	53
12.		Panasonic G3	Four Thirds	15.8	4592	3448	1080/60i	21.0	10.6	667	56
13.		Panasonic G10	Four Thirds	12.0	4000	3000	720/30p	21.2	10.1	411	52
14.		Panasonic GH1	Four Thirds	12.0	4000	3000	1080/24p	21.6	11.6	772	64
15.		Panasonic GH2	Four Thirds	15.9	4608	3456	1080/60i	21.2	11.3	655	60
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 have a sensor with sufficiently fast read-out times for moving pictures, but the XZ-2 provides a higher video resolution than the G2. It can shoot video footage at 1080/30p, while the Panasonic is limited to 720/30p.

Feature comparison

Apart from body and sensor, cameras can and do differ across a range of features. For example, the G2 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 adjacent table lists some of the other core features of the Olympus XZ-2 and Panasonic G2 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.		Panasonic G2	1440	n	3.0 / 460	swivel	Y	1/4000s	2.6/s	Y	n
3.		Canon G15	optical	n	3.0 / 922	fixed	n	1/4000s	2.1/s	Y	Y
4.		Canon G16	optical	n	3.0 / 922	fixed	n	1/4000s	2.2/s	Y	Y
5.		Fujifilm X10	optical	n	2.8 / 460	fixed	n	1/4000s	10.0/s	Y	Y
6.		Olympus E-P3	optional	n	3.0 / 614	fixed	Y	1/4000s	3.0/s	Y	Y
7.		Olympus E-PL2	optional	n	3.0 / 460	fixed	n	1/4000s	3.0/s	Y	Y
8.		Olympus E-PL3	optional	n	3.0 / 460	tilting	n	1/4000s	5.5/s	n	Y
9.		Olympus Stylus 1	1440	n	3.0 / 1040	tilting	Y	1/2000s	7.0/s	Y	Y
10.		Olympus XZ-1	optional	n	3.0 / 614	fixed	n	1/2000s	2.0/s	Y	Y
11.		Panasonic G1	1440	n	3.0 / 460	swivel	n	1/4000s	3.0/s	Y	n
12.		Panasonic G3	1440	n	3.0 / 460	swivel	Y	1/4000s	4.0/s	Y	n
13.		Panasonic G10	202	n	3.0 / 460	fixed	n	1/4000s	2.6/s	Y	n
14.		Panasonic GH1	1440	n	3.0 / 460	swivel	n	1/4000s	3.0/s	Y	n
15.		Panasonic GH2	1534	n	3.0 / 460	swivel	n	1/4000s	3.0/s	Y	n
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 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 XZ-2 and the G2 write their files to SDXC 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 Panasonic Lumix DMC-G2 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.		Panasonic G2	Y	stereo / mono	-	-	mini	2.0	-	-	-
3.		Canon G15	Y	stereo / mono	-	-	mini	2.0	-	-	-
4.		Canon G16	Y	stereo / mono	-	-	mini	2.0	Y	-	-
5.		Fujifilm X10	Y	stereo / mono	-	-	mini	2.0	-	-	-
6.		Olympus E-P3	Y	stereo / -	-	-	mini	2.0	-	-	-
7.		Olympus E-PL2	Y	stereo / -	-	-	mini	2.0	-	-	-
8.		Olympus E-PL3	Y	stereo / -	-	-	mini	2.0	-	-	-
9.		Olympus Stylus 1	Y	stereo / mono	-	-	micro	2.0	Y	-	-
10.		Olympus XZ-1	Y	mono / -	-	-	mini	2.0	-	-	-
11.		Panasonic G1	Y	- / -	-	-	mini	2.0	-	-	-
12.		Panasonic G3	Y	stereo / mono	-	-	mini	2.0	-	-	-
13.		Panasonic G10	Y	mono / -	-	-	mini	2.0	-	-	-
14.		Panasonic GH1	Y	stereo / -	Y	-	mini	2.0	-	-	-
15.		Panasonic GH2	Y	stereo / mono	Y	-	mini	2.0	-	-	-
16.		Panasonic LX7	Y	stereo / mono	-	-	mini	2.0	-	-	-
17.		Pentax MX-1	-	stereo / mono	-	-	mini	2.0	-	-	-

Both the XZ-2 and the G2 have been discontinued, but can regularly be found used on ebay. The G2 was replaced by the Panasonic G3, while the XZ-2 does not have a direct successor. Further information on the features and operation of the XZ-2 and G2 can be found, respectively, in the Olympus XZ-2 Manual (free pdf) or the online Panasonic G2 Manual.

Review summary

So what conclusions can be drawn? Is the Olympus XZ-2 better than the Panasonic G2 or vice versa? Below is a summary of the relative strengths of each of the two contestants.

Arguments in favor of the Olympus XZ-2:

• More dynamic range: Captures a larger spectrum of light and dark details (1 EV of extra DR).
• Better video: Provides higher definition movie capture (1080/30p vs 720/30p).
• More detailed LCD: Has a higher resolution rear screen (920k vs 460k dots).
• Faster burst: Shoots at higher frequency (5 vs 2.6 flaps/sec) to capture the decisive moment.
• Easier time-lapse photography: Has an intervalometer built-in for low frequency shooting.
• Ready to shoot: Has a lens built-in, whereas the G2 requires a separate lens.
• More compact: Is smaller (113x65mm vs 124x84mm) and thus needs less room in the bag.
• Less heavy: Is lighter even though it comes with a built-in lens (unlike the G2).
• Sharper images: Has hand-shake reducing image stabilization built-in.
• More modern: Reflects 2 years and 6 months of technical progress since the G2 launch.

Advantages of the Panasonic Lumix DMC-G2:

• Better image quality: Scores markedly higher (4 points) in the DXO overall evaluation.
• Better low-light sensitivity: Can shoot in dim conditions (1.2 stops ISO advantage).
• 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 (1/4000s vs 1/2000s) to freeze action.
• More flexible: Takes interchangeable lenses and can thus be used with specialty optics.
• More heavily discounted: Has been around for much longer (launched in March 2010).

If the number of relative strengths (bullet points above) is taken as a guide, the XZ-2 emerges as the winner of the contest (10 : 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 Olympus XZ-2 and the Panasonic G2 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 G2. 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.		Panasonic G2	..	..	..	72/100	4/5	4.5/5	Mar 2010	599	ebay.com
3.		Canon G15	4/5	+	..	76/100	4.5/5	4.5/5	Sep 2012	499	ebay.com
4.		Canon G16	4/5	+	..	..	4.5/5	4.5/5	Aug 2013	549	ebay.com
5.		Fujifilm X10	..	..	..	76/100	4/5	4.5/5	Sep 2011	599	ebay.com
6.		Olympus E-P3	..	83/100	..	74/100	4.5/5	4.5/5	Jun 2011	799	ebay.com
7.		Olympus E-PL2	3/5	83/100	..	71/100	4.5/5	4.5/5	Jan 2011	599	ebay.com
8.		Olympus E-PL3	3/5	+ +	..	72/100	4.5/5	4/5	Jun 2011	599	ebay.com
9.		Olympus Stylus 1	..	+ +	..	..	4.5/5	4.5/5	Oct 2013	699	ebay.com
10.		Olympus XZ-1	4/5	..	..	74/100	4.5/5	4.5/5	Jan 2011	499	ebay.com
11.		Panasonic G1	..	+ +	..	70/100	4/5	4.5/5	Sep 2008	599	ebay.com
12.		Panasonic G3	3/5	+ +	..	75/100	4.5/5	5/5	May 2011	599	ebay.com
13.		Panasonic G10	3/5	..	..	70/100	4/5	4/5	Mar 2010	499	ebay.com
14.		Panasonic GH1	..	+ +	..	72/100	4.5/5	4.5/5	Mar 2009	899	ebay.com
15.		Panasonic GH2	5/5	+ +	..	79/100	4.5/5	5/5	Sep 2010	899	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.

The above review scores should be interpreted with care, 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? 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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