How the “INDEX” formula calculates and returns results? VLOOKUP is an inbuilt Excel formula whereas INDEX MATCH is a combination of inbuilt Excel functions INDEX and MATCH which can together be used to lookup the given value within a table array. (You can read more about that powerful function duo on my website.). Hi Don.. INDEX/MATCH. VLOOKUP can only be used for looking up values from Left to Right. Note - Microsoft have announced a new function, XLOOKUP, which does the same job as the INDEX/MATCH workaround described in this lesson. And the feature of Index to return reference is incredible. VLOOKUP uses the static data reference while looking up the values. Handle row/columns numbers in case you insert or delete some from the dataset. This only works if there are false right? 6. In this accelerated training, you'll learn how to use formulas to manipulate text, work with dates and times, lookup values with VLOOKUP and INDEX & MATCH, count and sum with criteria, dynamically rank values, and … When it comes to the Excel world, it’s divided into two factions – the VLOOKUP brigade and the INDEX/MATCH regiment. This was accomplished by removing all formulas and conditional formatting from all the sheets. I never worry about where my lookup column is, and if I use the column header descriptions for the second MATCH argument (of course, you can use a MATCH formula for the column argument in VLOOKUP), then my lookups are dynamic, i.e. While INDEX MATCH does not have to read like humans. Imagine what the formula by Debjit would look like if I have 100 columns of data. Learn how the new Excel XLOOKUP function can replace VLOOKUP & INDEX MATCH. It is easy to understand as well as implement in comparison with INDEX MATCH due to the simple nature it has. In this post we will understand the differences between both – at … November 18, 2020 Tags: excel. The difference in speed in VLOOKUP and INDEX/MATCH is hardly noticeable when you have small data sets. In real life, that never happens, as usually just when you finish your model, there is the need to insert, add, delete, change, etc. On it’s own, Vlookup can not look to the right. Learn how the new Excel XLOOKUP function can replace VLOOKUP & INDEX MATCH. Say you have a table of data and you want Excel to look up a certain value and return a corresponding value in a different row. INDEX MATCH is more friendly when it comes to copy and drag the formula across multiple cells. INDEX MATCH vs. VLOOKUP. That is the point at which the row index it returns may be checked visually. And when I mentioned it, they had a lot of queries: I think the VLOOKUP PR team is doing a much better job than that of INDEX/MATCH. Although this is not a popularity contest, it plays a huge role in why VLOOKUP gets used so much. What puzzles me now is why it is not assembled in to one excel function with vlookup syntax to get the best of both? The INDEX function can also return a specific value in a two-dimensional range. Nice article. This opens in … INDEX MATCH does not have such restrictions, it can be used to lookup the values from left to right as well as from right to left. INDEX and MATCH can work with horizontal or vertical ranges So, it’s way faster than a linear search (False) if you have the option of sorting the lookup list. Static column reference. In many instances it will be wrong so there is no point in moving to look up further data fields until data and formula issues are corrected. Total project size over the years has shrunk from right around 1048k down to 78k with the same amount of records. I’ve used VLOOKUP and INDEX/MATCH and continue to use both. index match function is much better than vlookup. Thanks for commenting Cyn.. Would love to hear about the results. The INDEX/MATCH people are like religious people who come knock on your front door looking for a problem to fit their solution. INDEX MATCH is an amazing formula combination which can perform Excel magic. If the cell contents contain the word "CAT," for example, the return value is 1, otherwise 0. the data array can be modified and the INDEX/MATCH doesn't lose it's way. Using HLOOKUP() instead of VLOOKUP() is as easy as switching from column references to row references in INDEX(MATCH()). The VLOOKUP function only looks to the right. No doubt VLOOKUP is an amazing function, but Index/Match cast a wider net when it comes to looking up values. This makes remembering the syntax easier. People can wrap their heads around VLOOKUP, where most will be completely new to both INDEX and MATCH. It allows you to do so much more. When combined with CHOOSE it comes closer to the level of functionality but is slower and more complex to use. Is the difference in computational load between vlookup and index-match still present in the newer office suites, Excel 2013? Inserting or Deleting a column affects the VLOOKUP result. VLOOKUP is a single formula that does all the lookup-and-fetch, but with INDEX/MATCH, you need to use both the functions in the formula. If, on the other hand, you are already comfortable and used to H/VLOOKUP, then ignore the … However, for some users, it still might be the toughest one to tackle in comparison with VLOOKUP due to the complex nature as well as combination Index Match poses. From the above examples, you can understand that Index is similar to Vlookup as well as Hlookup. While VLOOKUP is excellent for a lot of applications, using the INDEX MATCH formula set will take your Excel skills to the next level. Hi Sumit, Thanks for the forum and debate. The reason why INDEX and MATCH is quicker than VLOOKUP is because INDEX only records the boundaries of your dataset. I do use VLOOKUP occasionally when I have a 2-D range; the search array happens to be on the left; I only wish to return a single field; I am sure the data is clean and the match will always succeed. Link: http://blog.contextures.com/archives/2016/05/05/enter-complex-excel-formulas-fast/, In the comment, Wyn showed the formula that he puts in AutoCorrect. Fuel the fire – leave your 2 cents in the comments section. Many people don’t appreciate the simplicity and control you have with an MS Query to do complex lookup operations together with other data transformation in a single SQL query as opposed to developing complex erroneous formulas or Array Formulas. Thanks for pitching in Adam. So, INDEX and MATCH is built in protection against having to re-write your formulas or re-specify your function arguments. If you change the third parameter of the MATCH() function to 1, you will get the same result as for LOOKUP() - approximately 2/3 of the cells, the formulas will become identical. Below is the top 8 comparisons between VLOOKUP vs INDEX MATCH: Excel functions, formula, charts, formatting creating excel dashboard & others. In short INDEX MATCH does the work of both VLOOKUP and HLOOKUP in a single formula. Also, it’s a very small percentage of the number of people who can actually benefit from the speed improvement that comes with using INDEX/MATCH over VLOOKUP. Therefore, it can lookup values through both. At least if we mix a little of both worlds – by combining a TRUE VLOOKUP with a APPROXIMATE INDEX MATCH.So what’s happening here? If you use INDEX and hard code the numbers for rows and columns, you are going to get a different value if the column is deleted too. Function overview. Before getting to the comparison, I think it’s important to know the basic difference (and more importantly the similarities) between these two functions. Lookup formulas come in handy whenever you want to have Excel automatically return the price, product ID, address, or some other associated value from a table based on some lookup value. Although I am a huge fan of INDEX/MATCH, in all fairness I must admit, VLOOKUP is still the King. In lists with a lot of columns it might be difficult to get the correct column index for VLOOKUP(). Despite that, I think the value they bring to the bloated zoo of Excel functions is not worth their keep. By default, the VLOOKUP function performs a case-insensitive lookup. When tackling a question in K201 that requires you to do some kind of cross-referencing, you first need to figure out which function(s) you need to use. Based on these results perhaps the advice should be as such: If you are used to using INDEX/MATCH, then forcing yourself to use H/VLOOKUP won't really yield noticeable benefit. The reason I ask about the size of your tables is that my tables rarely reach over 250 records. VLOOKUP has size restrictions for lookup value which can’t exceed 255 characters. It should not be exceeding 255 characters. Also, if you have to do 12 columns of VLOOKUPs, then a single MATCH column with 12 INDEX columns will be faster. VLOOKUP is a shorter function that consumes less CPU when running while INDEX/MATCH is a more complex function that consumes more CPU, but allows for more lookup versatility. You may also have a look at the following articles to learn more –, All in One Excel VBA Bundle (120+ Courses, 30+ Projects). Comparison – 01: When you have to look on the right side of the table. Can produce entire column or rows of data. Really helpful in getting a 360 degree view on Vlookup and Index. All fetches were with vlookups and hlookups. VLOOKUP would give a wrong result if you add/delete a new column in your data (as the column number value now refers to the wrong column). In this post will be pitching VLOOKUP CHOOSE vs INDEX MATCH. Another convenient feature is to choose values from different sections (sort of scenario manager) when you use it in a reference mode, using the [area_num] parameter at the end. I agree with majority of your commentators, given the choice, I would take the VLOOKUP route. It’s a single column range. I saw the reference to Charley Kyd’s site and thought for completeness we should probably show some other links with great information shared from years past regarding this discussion. It can. Index Match in VBA. I am with you on this.. VLOOKUP can lookup to the left; VLOOKUP can cope when with deleting columns; However … The real reason INDEX MATCH is better. This is an excellent article that lays out the differences well. Here is an update where they mention how they are making formula such as VLOOKUP, HLOOKUP, and MATCH faster. In LOOKUP() function, you have no such possibility, you just have to make sure that the data is sorted in advance. As well, as data from a single cell. Well, the debate is not exactly over (see the comments section). …”It works only with data which is arranged vertically” – that’s when you switch to HLOOKUP. You’re right that it’s a bit unfair. INDEX MATCH does not posses any limit of size or length for matching values. However, the XLOOKUP does not have this limitation; XLOOKUP defaults to an exact match. See the below two images for your references. (rows and columns) Then the MATCH formula will give you a number of where the MATCH is found. Contents. 1. Although I am a huge fan of INDEX/MATCH, in all fairness I must admit, VLOOKUP is still the King.This doesn’t mean that you should not learn about INDEX/MATCH, but if you’re new to Excel and lookup formulas, start with VLOOKUP. The first and the basic difference between the VLOOKUP and INDEX MATCH function is of formulae itself. Similarly there has been much argue about how efficient this … But, I start by considering SUMIFS first. INDEX … But at the end of the day – as Mr Excel said – ease of use and popularity trumps everything else. Although the DOUBLE TRUE VLOOKUP proved superior to any other method, VLOOKUP is a function that is far from perfect (read section on INDEX MATCH above). There are two main advantages that INDEX MATCH have over VLOOKUP. Simple VLOOKUP and INDEX-MATCH Examples. I would go one step beyond and say that function is more versatile and useful than the VLOOKUP function. Both brilliant articles. The table below summarizes the comparisons between VLOOKUP vs INDEX MATCH: After considering all these points, we can conclude that INDEX MATCH can be used as a flexible, versatile, fast alternative to VLOOKUP function. This formula i found month wise numeric value. hi, Sumit Bansal, I want a formula of excel. Dynamic column reference. Imagine you’re working with a client/manager who is proficient in using VLOOKUP but doesn’t know how to use INDEX/MATCH. Left Lookup. Each application is different and it is ultimiately up to the developer to determine which function is optimal. 9. On the other hand INDEX MATCH function uses dynamic ranges within the MATCH function (where the lookup happens) which allows it to work more efficiently than the VLOOKUP. VLOOKUP by itself is just not comparable to INDEX MATCH. =VLOOKUP([ArticleNr],tbl_Articles,8,FALSCH) Looking up the eighth column in table “tbl_Articles”. Here’s why: SUMIFS matches equivalent values when stored as different data types, whereas VLOOKUP does not; SUMIFS doesn’t care about the column order, whereas VLOOKUP is designed with the assumption that the lookup column is … Only produce data from one cell. http://www.analystcave.com/excel-vlookup-vs-index-match-vs-sql-performance/. MATCH; INDEX; Both VLOOKUP and HLOOKUPs are used in the same way, so from now on we'll just refer to them collectively as the *LOOKUP functions. 2. This might be the first time they are walked-through what VLOOKUP() does. Can you assist me in this !!!! In this article I’ll explain both VLOOKUP and INDEX-MATCH. Over the years, Microsoft has been hard at work trying to improve the speed of these functions, and they have made considerable improvements since I wrote this article first. (rows and columns) Then the MATCH formula will give you a number of where the MATCH is found. INDEX/MATCH is definitely more intimidating than VLOOKUP. The look value doesn’t have to be in the leftmost table. End of story. But once i had to delete, insert columns, it became a nightmare.. For that, you need a lookup function. They get it most of the time. I have a very large data set that are currently built with vlookup. the data array can be modified and the INDEX/MATCH doesn't lose it's way. but i want to found month wise text value. The ease of use is a huge factor for Vlookup. I use INDEX/MATCH almost exclusively, especially if I'm working with tables. VLOOKUP defaults to an “approximate” match, requiring that you add the “false” argument at the end of your VLOOKUP to perform an exact match. I have a dataset 100 x 100. It’s very slow and takes about 10 minutes for each small change. VLOOKUP CHOOSE took 3.438 seconds, which is over 17 times slower. Great post, Sumit! what is the formula to do this. First, I have to confess that I am a big fan if the INDEX MATCH. The reason VLOOKUP is so popular is that it’s easy to use (at least when compared with INDEX/MATCH). Surely you can do the same thing with INDEX/MATCH too, but why take the hard road when it’s not even needed. Using INDEX and MATCH instead of VLOOKUP There are certain limitations with using … The VLOOKUP Excel function is one of the most popular functions, around which there has always been much debate. During my work, sometimes I need to create a dynamic Excel workbook for clients. It will say O.K. Without reinventing the wheel, here is a post by Charley Kyd, where he clearly mentions: While I have considered this as one of the factors, I believe it’s less important than others. INDEX (array, MATCH (lookup value, array, 0)) essentially this is INDEX (answer you want to return MATCH (lookup value, where that value is located, 0)) Especially giving some credit to still using VLOOKUP as opposed to the mass opinions out there that we should all jump to INDEX MATCH. 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