Does INDEX match run faster than VLOOKUP?

With sorted data and an approximate match, INDEX-MATCH is about 30\% faster than VLOOKUP. With sorted data and a fast technique to find an exact match, INDEX-MATCH is about 13\% faster than VLOOKUP. If you use VLOOKUP you must look up the same SKU for each column of information you need.

Is INDEX match better than Xlookup?

Let’s recap how XLOOKUP outperforms VLOOKUP and INDEX/MATCH: It is the simplest function, with only 3 arguments needed in most cases because the default match_mode is 0 (exact match). It’s a single function, unlike INDEX/MATCH, so it’s faster to type.

Is INDEX match or Sumifs faster?

From a purely speed perspective LOOKUP and INDEX-MATCH (type 1) are the fastest, followed by INDEX-MATCH (type 0), with SUMIFS the slowest as it is required to scan the entire criteria range whilst the other functions stop once they find a match.

Is index match slow?

If you need an exact match from sorted data, never rely on an approximate match. Instead, always use the dual-lookup method to make sure that Excel actually has found your lookup_value. At its worst, the INDEX-MATCH method is about as fast as VLOOKUP; at its best, it’s much faster.

Is VLOOKUP slower than index match?

INDEX-MATCH is much better: It’s never slower than VLOOKUP and can be much faster. It returns a reference rather than a value, which allows us to use it for more purposes. It doesn’t care where the result array is with regard to the lookup array.

Do Vlookups slow down Excel?

Exact-match VLOOKUP is slow When you use VLOOKUP in “exact match mode” on a large set of data, it can really slow down the calculation time in a worksheet.

What is better than Sumifs?

SUMPRODUCT can be used more flexibly than SUMIFS because you can modify the ranges with other functions in SUMPRODUCT , e.g. if you have a range of dates in A2:A100 how can you sum the corresponding amounts in B2:B100 for December dates (in any year)?

How do I speed up my Sumifs?

Always use the most efficient function possible: Sort data before performing lookups; minimize the number of cells in SUM and SUMIF; replace a slow array with a user-defined function, and so on. Avoid volatile functions if possible.

Is VLOOKUP slower than index-match?

How make VLOOKUP faster?

One way to improve VLOOKUP is to move the best-selling items to the top of the lookup table. Get a report of the top 100 best-selling items and move those items to the top of the list. Sorting by popularity improves the recalc time to 0.369 seconds. This is eight times faster than the first result.

Does index match use less memory than VLOOKUP?

I recommend using INDEX and MATCH. VLOOKUP is slightly faster (approx. 5\%), simpler and uses less memory than a combination of MATCH and INDEX or OFFSET. However the additional flexibility offered by MATCH and INDEX often allows you to make significant timesaving compared to VLOOKUP.