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Olympus XZ-2 vs Panasonic LX5

The Olympus XZ-2 and the Panasonic Lumix DMC-LX5 are two digital cameras that were announced, respectively, in September 2012 and July 2010. Both the XZ-2 and the LX5 are fixed lens compact cameras that are equipped with a 1/1.7-inch sensor. The Olympus has a resolution of 11.8 megapixels, whereas the Panasonic provides 10 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
versus
Panasonic LX5
Olympus XZ-2   Panasonic LX5
Fixed lens compact camera Fixed lens compact camera
28-112mm f/1.8-2.5 24-90mm f/2.0-3.3
11.8 MP – 1/1.7" sensor 10 MP – 1/1.7" sensor
1080/30p Video 720/60p Video
ISO 100-12,800 ISO 80-3,200 (80 - 12,800)
Viewfinder optional Viewfinder optional
3.0" LCD – 920k dots 3.0" LCD – 460k dots
Tilting touchscreen Fixed screen (not touch-sensitive)
5 shutter flaps per second 2.5 shutter flaps per second
In-body stabilizationLens-based stabilization
340 shots per battery charge400 shots per battery charge
113 x 65 x 48 mm, 346 g 110 x 65 x 43 mm, 271 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-LX5? 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 LX5. 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 LX5 can be obtained in two different colors (black, white), while the XZ-2 is only available in black.

Size Olympus XZ-2 vs Panasonic LX5
Compare XZ-2 versus LX5 top
Comparison XZ-2 or LX5 rear

If the front view area (width x height) of the cameras is taken as an aggregate measure of their size, the Panasonic LX5 is somewhat smaller (3 percent) than the Olympus XZ-2. Moreover, the LX5 is markedly lighter (22 percent) than the XZ-2. In this context, it is worth noting that neither the XZ-2 nor the LX5 are weather-sealed.

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.

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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 599ebay.com
2.
 
Panasonic LX5 110 mm 65 mm 43 mm 271 g 400 n Jul 2010 499ebay.com
3.
 
Canon G16 109 mm 76 mm 40 mm 356 g 360 n Aug 2013 549ebay.com
4.
 
Canon G15 107 mm 76 mm 40 mm 352 g 350 n Sep 2012 499ebay.com
5.
 
Fujifilm X10 117 mm 70 mm 57 mm 350 g 270 n Sep 2011 599ebay.com
6.
 
Olympus Stylus 1 116 mm 87 mm 57 mm 402 g 410 n Oct 2013 699ebay.com
7.
 
Olympus E-P3 122 mm 69 mm 34 mm 369 g 330 n Jun 2011 799ebay.com
8.
 
Olympus E-PL2 114 mm 72 mm 42 mm 362 g 280 n Jan 2011 599ebay.com
9.
 
Olympus E-PL3 110 mm 64 mm 37 mm 313 g 300 n Jun 2011 599ebay.com
10.
 
Olympus XZ-1 111 mm 65 mm 42 mm 275 g 320 n Jan 2011 499ebay.com
11.
 
Panasonic LX7 111 mm 68 mm 46 mm 298 g 330 n Jul 2012 499ebay.com
12.
 
Panasonic FZ150 124 mm 82 mm 92 mm 528 g 410 n Aug 2011 499ebay.com
13.
 
Panasonic GF3 108 mm 67 mm 32 mm 264 g 300 n Jun 2011 549ebay.com
14.
 
Pentax MX-1 122 mm 61 mm 51 mm 391 g 290 n Jan 2013 499ebay.com
Note: Measurements and pricing do not include easily detachable parts, such as add-on or interchangeable lenses or optional viewfinders.

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 LX5 was launched at a somewhat lower price (by 17 percent) than the XZ-2, which makes it more attractive for photographers on a tight budget. 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. 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. Moreover, a large sensor camera will give the photographer more control over depth-of-field in the image and, thus, the ability to better isolate a subject from the background. On the downside, larger sensors tend to be associated with larger, more expensive camera bodies and lenses.

Both cameras under consideration feature a 1/1.7-inch sensor, but their sensors differ slightly in size. The sensor area in the LX5 is 7 percent bigger. They nevertheless have the same format factor of 4.4. Both cameras feature a native aspect ratio (sensor width to sensor height) of 4:3. The LX5 has the particularity of featuring a switch that allows to toggle between multiple aspect ratios, while maintaining the same field of view and full image resolution.

Olympus XZ-2 and Panasonic LX5 sensor measures

Despite having a smaller sensor, the Olympus XZ-2 offers a higher resolution of 11.8 megapixels, compared with 10 MP of the Panasonic LX5. This megapixels advantage comes at the cost of a higher pixel density and a smaller size of the individual pixel (with a pixel pitch of 1.91μm versus 2.14μm for the LX5). However, it should be noted that the XZ-2 is much more recent (by 2 years and 1 month) than the LX5, and its sensor will have benefitted from technological advances during this time that make it possible to gather light more efficiently.

The resolution advantage of the Olympus XZ-2 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the XZ-2 for good quality output (200 dots per inch) amounts to 19.8 x 14.9 inches or 50.4 x 37.8 cm, for very good quality (250 dpi) 15.9 x 11.9 inches or 40.3 x 30.2 cm, and for excellent quality (300 dpi) 13.2 x 9.9 inches or 33.6 x 25.2 cm. The corresponding values for the Panasonic LX5 are 18.2 x 13.7 inches or 46.3 x 34.7 cm for good quality, 14.6 x 10.9 inches or 37.1 x 27.8 cm for very good quality, and 12.2 x 9.1 inches or 30.9 x 23.2 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 Panasonic Lumix DMC-LX5 are ISO 80 to ISO 3200, with the possibility to increase the ISO range to 80-12800.

In terms of underlying technology, the XZ-2 is build around a CMOS sensor, while the LX5 uses a CCD imager. Both cameras use a Bayer filter for capturing RGB colors on a square grid of photosensors. This arrangement is found in most digital cameras.

XZ-2 versus LX5 MP

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 XZ-2 has a notably higher overall DXO score than the LX5 (overall score 8 points higher), which gives it an advantage in terms of imaging quality. This advantage is based on 0.8 bits higher color depth, 0.5 EV in additional dynamic range, and 0.7 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.

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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 29761080/30p20.411.321649
2.
 
Panasonic LX5 1/1.7 10.0 3648 2736720/60p19.610.813241
3.
 
Canon G16 1/1.7 12.0 4000 30001080/60p21.011.723054
4.
 
Canon G15 1/1.7 12.0 4000 30001080/24p19.911.516546
5.
 
Fujifilm X10 2/3 12.0 4000 30001080/30p20.511.324550
6.
 
Olympus Stylus 1 1/1.7 11.8 3968 29761080/30p20.711.617951
7.
 
Olympus E-P3 Four Thirds 12.2 4032 30241080/60i20.810.153651
8.
 
Olympus E-PL2 Four Thirds 12.2 4032 3024720/30p21.410.257355
9.
 
Olympus E-PL3 Four Thirds 12.2 4032 30241080/60i20.910.349952
10.
 
Olympus XZ-1 1/1.7 10.1 3664 2752720/30p18.810.411734
11.
 
Panasonic LX7 1/1.7 10.0 3648 27361080/60p20.711.714750
12.
 
Panasonic FZ150 1/2.3 12.0 4000 30001080/60p19.410.913240
13.
 
Panasonic GF3 Four Thirds 12.0 4000 30001080/60i20.610.145950
14.
 
Pentax MX-1 1/1.7 12.0 4000 30001080/30p20.411.320849

Many modern cameras cannot only take still pictures, but also record videos. 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 LX5. It can shoot video footage at 1080/30p, while the Panasonic is limited to 720/60p.

Feature comparison

Apart from body and sensor, cameras can and do differ across a range of features. The XZ-2 and the LX5 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 DMW-LVF1 for the LX5 – are available as accessories. The adjacent table lists some of the other core features of the Olympus XZ-2 and Panasonic LX5 along with similar information for a selection of comparators.

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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-2optional n3.0 / 920 tilting Y 1/2000s 5.0/s Y Y
2.
 
Panasonic LX5optional n3.0 / 460 fixed n 1/4000s 2.5/s Y Y
3.
 
Canon G16optical n3.0 / 922 fixed n 1/4000s 2.2/s Y Y
4.
 
Canon G15optical n3.0 / 922 fixed n 1/4000s 2.1/s Y Y
5.
 
Fujifilm X10optical n2.8 / 460 fixed n 1/4000s 10.0/s Y Y
6.
 
Olympus Stylus 11440 n3.0 / 1040 tilting Y 1/2000s 7.0/s Y Y
7.
 
Olympus E-P3optional n3.0 / 614 fixed Y 1/4000s 3.0/s Y Y
8.
 
Olympus E-PL2optional n3.0 / 460 fixed n 1/4000s 3.0/s Y Y
9.
 
Olympus E-PL3optional n3.0 / 460 tilting n 1/4000s 5.5/s n Y
10.
 
Olympus XZ-1optional n3.0 / 614 fixed n 1/2000s 2.0/s Y Y
11.
 
Panasonic LX7optional n3.0 / 920 fixed n 1/4000s 11.0/s Y Y
12.
 
Panasonic FZ150202 n3.0 / 460 swivel n 1/2000s 12.0/s Y Y
13.
 
Panasonic GF3none n3.0 / 460 fixed Y 1/4000s 3.2/s Y n
14.
 
Pentax MX-1none n3.0 / 920 tilting n 1/8000s 1.0/s Y Y
Notes: *) Information refers to the mechanical shutter, unless the camera only has an electronic one.

One differentiating feature between the two cameras concerns the touch sensitivity of the rear screen. The XZ-2 has a touchscreen, while the LX5 has a conventional panel. Touch control can be particularly helpful, for example, for setting the focus point.

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.

Both the XZ-2 and the LX5 have zoom lenses built in. The XZ-2 has a 28-112mm f/1.8-2.5 optic and the LX5 offers a 24-90mm f/2.0-3.3 (focal lengths in full frame equivalent terms). Hence, the Panasonic provides a wider angle of view at the short end than the Olympus, but less tele-photo reach at the long end. The XZ-2 offers the faster maximum aperture.

Concerning the storage of imaging data, both the XZ-2 and the LX5 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-LX5 and, in particular, the interfaces the cameras (and selected comparators) provide for accessory control and data transfer.

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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-2Ystereo / mono--mini2.0---
2.
 
Panasonic LX5Ymono / mono--mini2.0---
3.
 
Canon G16Ystereo / mono--mini2.0Y--
4.
 
Canon G15Ystereo / mono--mini2.0---
5.
 
Fujifilm X10Ystereo / mono--mini2.0---
6.
 
Olympus Stylus 1Ystereo / mono--micro2.0Y--
7.
 
Olympus E-P3Ystereo / ---mini2.0---
8.
 
Olympus E-PL2Ystereo / ---mini2.0---
9.
 
Olympus E-PL3Ystereo / ---mini2.0---
10.
 
Olympus XZ-1Ymono / ---mini2.0---
11.
 
Panasonic LX7Ystereo / mono--mini2.0---
12.
 
Panasonic FZ150Ystereo / ---mini2.0---
13.
 
Panasonic GF3-stereo / mono--mini2.0---
14.
 
Pentax MX-1-stereo / mono--mini2.0---

Both the XZ-2 and the LX5 have been discontinued, but can regularly be found used on ebay. The LX5 was replaced by the Panasonic LX7, while the XZ-2 does not have a direct successor. Further information on the features and operation of the XZ-2 and LX5 can be found, respectively, in the Olympus XZ-2 Manual (free pdf) or the online Panasonic LX5 Manual.

Review summary

So what is the bottom line? Which of the two cameras – the Olympus XZ-2 or the Panasonic LX5 – has the upper hand? Is one clearly better than the other? Below is a summary of the relative strengths of each of the two contestants.

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Arguments in favor of the Olympus XZ-2:

  • More detail: Offers more megapixels (11.8 vs 10MP) with a 9% higher linear resolution.
  • Better image quality: Scores markedly higher (8 points) in the DXO overall assessment.
  • Better low-light sensitivity: Requires less light for good images (0.7 stops ISO advantage).
  • Better video: Provides higher definition movie capture (1080/30p vs 720/60p).
  • More detailed LCD: Has a higher resolution rear screen (920k vs 460k dots).
  • More flexible LCD: Has a tilting screen for odd-angle shots in landscape orientation.
  • Fewer buttons to press: Is equipped with a touch-sensitive rear screen to facilitate handling.
  • Faster burst: Shoots at higher frequency (5 vs 2.5 flaps/sec) to capture the decisive moment.
  • Easier time-lapse photography: Has an intervalometer built-in for low frequency shooting.
  • Better light gathering: Has a lens with a wider maximum aperture (f/1.8 vs f/2.0).
  • More tele-reach: Has a longer tele-lens for perspective compression and subject magnification.
  • More modern: Reflects 2 years and 1 month of technical progress since the LX5 launch.

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Advantages of the Panasonic Lumix DMC-LX5:

  • Flexible image proportions: Has a multi-aspect sensor that allows for alternative image shapes.
  • Faster shutter: Has higher mechanical shutter speed (1/4000s vs 1/2000s) to freeze action.
  • Wider view: Has a wider-angle lens that facilitates landscape or interior shots.
  • Less heavy: Has a lower weight (by 75g or 22 percent) and is thus easier to take along.
  • Longer lasting: Gets more shots (400 versus 340) out of a single battery charge.
  • More affordable: Was released into a lower priced segment (17 percent cheaper at launch).
  • More heavily discounted: Has been around for much longer (launched in July 2010).

If the number of relative strengths (bullet points above) is taken as a guide, the XZ-2 is the clear winner of the match-up (12 : 7 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.

XZ-2 12:07 LX5

How about other alternatives? Do the specifications of the Olympus XZ-2 and the Panasonic LX5 place the cameras among the top in their class? Find out in the latest Best Travel-Zoom Camera listing whether the two cameras rank among the cream of the crop.

In any case, while the comparison of technical specifications can provide a useful overview of the capabilities of different cameras, it says little about, for example, the shooting experience and imaging performance of the XZ-2 and the LX5 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.

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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-24/5+....4.5/54.5/5 Sep 2012 599ebay.com
2.
 
Panasonic LX54/5+..73/1004.5/54.5/5 Jul 2010 499ebay.com
3.
 
Canon G164/5+....4.5/54.5/5 Aug 2013 549ebay.com
4.
 
Canon G154/5+..76/1004.5/54.5/5 Sep 2012 499ebay.com
5.
 
Fujifilm X10......76/1004/54.5/5 Sep 2011 599ebay.com
6.
 
Olympus Stylus 1..+ +....4.5/54.5/5 Oct 2013 699ebay.com
7.
 
Olympus E-P3..83/100..74/1004.5/54.5/5 Jun 2011 799ebay.com
8.
 
Olympus E-PL23/583/100..71/1004.5/54.5/5 Jan 2011 599ebay.com
9.
 
Olympus E-PL33/5+ +..72/1004.5/54/5 Jun 2011 599ebay.com
10.
 
Olympus XZ-14/5....74/1004.5/54.5/5 Jan 2011 499ebay.com
11.
 
Panasonic LX73/5+ +..75/1004/54.5/5 Jul 2012 499ebay.com
12.
 
Panasonic FZ1503/5+ +..76/1004/54.5/5 Aug 2011 499ebay.com
13.
 
Panasonic GF33/582/100..71/1004.5/54/5 Jun 2011 549ebay.com
14.
 
Pentax MX-13/5....74/1004/54/5 Jan 2013 499ebay.com
Notes: (+ +) 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 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? 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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    Specifications: Olympus XZ-2 vs Panasonic LX5

    Below is a side-by-side comparison of the specs of the two cameras to facilitate a quick review of their differences and common features.

    Camera Specifications
    Camera Model Olympus XZ-2 Panasonic LX5
    Camera Type Fixed lens compact camera Fixed lens compact camera
    Camera Lens 28-112mm f/1.8-2.5 24-90mm f/2.0-3.3
    Launch Date September 2012 July 2010
    Launch Price USD 599 USD 499
    Sensor Specs Olympus XZ-2 Panasonic LX5
    Sensor Technology CMOS CCD
    Sensor Format 1/1.7" Sensor 1/1.7" Sensor
    Sensor Size 7.6 x 5.7 mm 7.85 x 5.89 mm
    Sensor Area 43.32 mm2 46.2365 mm2
    Sensor Diagonal 9.5 mm 9.8 mm
    Crop Factor 4.4x 4.4x
    Sensor Resolution 11.8 Megapixels 10 Megapixels
    Image Resolution 3968 x 2976 pixels 3648 x 2736 pixels
    Pixel Pitch 1.91 μm 2.14 μm
    Pixel Density 27.26 MP/cm2 21.59 MP/cm2
    Moiré control Anti-Alias filter Anti-Alias filter
    Movie Capability 1080/30p Video 720/60p Video
    ISO Setting 100 - 12,800 ISO 80 - 3,200 ISO
    ISO Boost no Enhancement 80 - 12,800 ISO
    Image Processor TruePic VI Venus FHD
    DXO Sensor Quality (score) 49 41
    DXO Color Depth (bits) 20.4 19.6
    DXO Dynamic Range (EV) 11.3 10.8
    DXO Low Light (ISO) 216 132
    Screen Specs Olympus XZ-2 Panasonic LX5
    Viewfinder Type Viewfinder optional Viewfinder optional
    LCD Framing Live View Live View
    Rear LCD Size 3.0inch 3.0inch
    LCD Resolution 920k dots 460k dots
    LCD Attachment Tilting screen Fixed screen
    Touch Input Touchscreen no Touchscreen
    Shooting Specs Olympus XZ-2 Panasonic LX5
    Focus System Contrast-detect AF Contrast-detect AF
    Continuous Shooting 5 shutter flaps/s 2.5 shutter flaps/s
    Time-Lapse PhotographyIntervalometer built-inno Intervalometer
    Image StabilizationIn-body stabilizationLens-based stabilization
    Fill Flash Built-in Flash Built-in Flash
    Storage Medium SDXC cards SDXC cards
    Single or Dual Card Slots Single card slot Single card slot
    UHS card support no no
    Connectivity Specs Olympus XZ-2 Panasonic LX5
    External Flash Hotshoe Hotshoe
    USB Connector USB 2.0 USB 2.0
    HDMI Port mini HDMI mini HDMI
    Wifi Support no Wifi no Wifi
    Body Specs Olympus XZ-2 Panasonic LX5
    Battery Type Li-90B DMW-BCJ13
    Battery Life (CIPA)340 shots per charge400 shots per charge
    Body Dimensions 113 x 65 x 48 mm
    (4.4 x 2.6 x 1.9 in)
    110 x 65 x 43 mm
    (4.3 x 2.6 x 1.7 in)
    Camera Weight 346 g (12.2 oz) 271 g (9.6 oz)
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