Mastering XLOOKUP in Excel: Finding Exact Values and Two-Way Lookups

Learn how to master Excel’s XLOOKUP and 2-way XLOOKUP functions. Perfect for modern data analysis, this comprehensive guide includes practical examples and expert tips. Updated for Excel 2024.

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by Mihir Kamdar / Last Updated:

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What You'll Learn

After reading this guide, you’ll be equipped with the knowledge to:

  • Understanding the XLOOKUP Function: Get to know the basics and purpose of XLOOKUP.
  • XLOOKUP Syntax and Arguments: Learn the structure and components of the XLOOKUP function.
  • What Makes the XLOOKUP Function Special?: Discover the unique features that set XLOOKUP apart.
  • One-Way XLOOKUP: Explore how to perform single-direction lookups with XLOOKUP.
  • Mastering Two-Way XLOOKUP: Learn how to use XLOOKUP for complex, two-dimensional lookups

Download File

Download our step-by-step tutorial file now by clicking on the icon  download icon 1  below and follow along to enhance your Excel skills practically and efficiently!

Introduction

Are you missing VLOOKUP already? Don’t worry! XLOOKUP is here to make your Excel life easier. Let’s learn how this powerful function can transform your data lookup experience.

1. Understanding the XLOOKUP Function

The XLOOKUP function is a powerful and flexible tool in Excel that allows you to search for a value in a range or array and return a corresponding value from the same row. It’s a modern replacement for the VLOOKUP function, offering several advantages such as faster performance and a more flexible syntax. One of the standout features of the XLOOKUP function is its support for wildcards and binary search, making it incredibly versatile. Whether you need to perform exact matches, approximate matches, or wildcard matches, XLOOKUP has got you covered.

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2. XLOOKUP Syntax and Arguments

The XLOOKUP function has the following syntax: =XLOOKUP(lookup_value, lookup_array, return_array, [if_not_found], [match_mode], [search_mode]). Here’s a breakdown of the arguments:

  • lookup_value: The value you want to search for.
  • lookup_array: The range or array where you want to search.
  • return_array: The range or array from which you want to return a value.

 

Optional arguments include:

  • if_not_found: The value to return if no match is found.
  • match_mode: The type of match to perform (0 for exact match, -1 for the next smaller item, 1 for the next larger item, 2 for wildcard match).
  • search_mode: The search mode to use (1 for forward search, -1 for reverse search, 2 for binary search).
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3. What Makes the XLOOKUP Function Special?​

The Power of XLOOKUP

Think of XLOOKUP as the Swiss Army knife of lookup functions. Unlike its predecessors (VLOOKUP and HLOOKUP), XLOOKUP can:

  • Search in any direction
  • Return multiple results
  • Handle errors gracefully
  • Perform horizontal lookups, making it ideal for searching and retrieving specific values in datasets arranged horizontally, which is particularly useful for tasks like budget tracking and data analysis

 

Simple Yet Powerful Syntax

Basic XLOOKUP Formula:

=XLOOKUP(lookup_value, lookup_array, return_array, [if_not_found])

Let’s break it down:

  • lookup_value: What you’re searching for
  • lookup_array: Where to look
  • return_array: What to give back
  • [if_not_found]: Message when nothing matches

 

XLOOKUP offers more advanced capabilities compared to traditional match functions like VLOOKUP and INDEX-MATCH.

Wildcard matches allow for flexible data searching. Additionally, partial matches can help identify values that may be misspelled or entered incorrectly, enhancing the search process within large datasets.

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4. One Way XLOOKUP ​

=XLOOKUP(F2, C:C, A:A, “Not Found”)

This means:

  • Look for the search value in F2
  • Search in column C
  • Return matching value from column A
  • Show “Not Found” if no match

 

The ‘if_not_found’ argument allows you to specify what to display if the search value is not found. You can also adjust the search criteria to tailor your queries, making it easier to efficiently search through data sets. This flexibility allows users to customize their search parameters when using functions like XLOOKUP.

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5. Mastering Two-Way XLOOKUP​

Imagine finding a value using both row and column criteria – like looking up a price that matches both a product AND a size.

The Formula:

=XLOOKUP(J2, A2:A11, XLOOKUP(J3, B1:G1, B2:G11))

Real Example: Finding Gabriel’s May sales:

  • First lookup: Find Gabriel in the names list
  • Second lookup: Find May in the months list
  • Result: The sales value where both match

 

Breaking It Down:

  • J2 – First lookup value (Gabriel Parr)
  • A2:A11 – Where to find names
  • J3 – Second lookup value (May)
  • B1:G1 – Where to find months
  • B2:G11 – The data range
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Frequently Asked Questions

What is the XLOOKUP function?

XLOOKUP is a versatile lookup function in Excel that can search for a value in a range and return a corresponding value from another range.

How is XLOOKUP different from VLOOKUP?

XLOOKUP is more flexible – it can look left or right, doesn’t require sorting, and can return multiple values. It’s generally considered an improvement over VLOOKUP.

What is the basic syntax of XLOOKUP?

=XLOOKUP(lookup_value, lookup_array, return_array, [if_not_found], [match_mode], [search_mode])

How does XLOOKUP handle errors if no match is found?

By default, it returns #N/A. You can specify a custom value using the [if_not_found] argument.

Can XLOOKUP perform approximate matches?

Yes, by setting the match_mode argument to -1 or 1.

Conclusion

XLOOKUP isn’t just another Excel function – it’s your new best friend for finding data quickly and accurately. Start using it today, and you’ll wonder how you ever lived without it!

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