A zoom lens includes, in order from an object side to an image side, a first
lens
unit of positive refractive power, a second lens unit of negative refractive power
arranged to move during variation of magnification, a third lens unit arranged
to compensate for shift of an image plane due to the variation of magnification,
and a fourth lens unit of positive refractive power, wherein the fourth lens unit
has a first lens subunit of negative refractive power, and an image is displaced
by moving the first lens subunit in such a way as to have a component perpendicular
to an optical axis of the zoom lens.