SUMPRODUCT vs INDEX_MATCH vs AVERAGEIFS
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SUMPRODUCT vs INDEX_MATCH vs AVERAGEIFS

Table of content

Basic Classification Comparison

  • Function Category 📊
    Primary classification of the Excel function based on its main purpose and usage domain, helps users quickly identify function types
    SUMPRODUCT
    INDEX_MATCH
    • Lookup & Reference
      INDEX_MATCH belongs to the Lookup & Reference category. Excel functions for searching and referencing data across spreadsheets
    AVERAGEIFS
    • Statistical
      AVERAGEIFS belongs to the Statistical category. Excel functions for statistical analysis and calculations

  • Operation Type 🔧
    Fundamental type of operation or action that the Excel function performs on its inputs
    SUMPRODUCT
    • Calculation
      SUMPRODUCT performs Calculation operations. Excel functions for performing various calculations
    INDEX_MATCH
    • Retrieval
      INDEX_MATCH performs Retrieval operations. Functions specialized in fetching data from various sources
    AVERAGEIFS
    • Calculation
      AVERAGEIFS performs Calculation operations. Excel functions for performing various calculations

Basic Information Comparison

  • Known For ⭐
    Distinctive characteristic or primary strength of the Excel function
    SUMPRODUCT
    • Matrix Multiplication Calculations
      SUMPRODUCT is known for Matrix Multiplication Calculations.
    INDEX_MATCH
    • Two-Way Lookup Power
      INDEX_MATCH is known for Two-Way Lookup Power.
    AVERAGEIFS
    • Multiple Criteria Based Average
      AVERAGEIFS is known for Multiple Criteria Based Average.

Facts Comparison

  • Interesting Fact 💡
    Unique or lesser-known information about the Excel function
    SUMPRODUCT
    • Can multiply and sum arrays simultaneously
    INDEX_MATCH
    • Used in 80% of advanced Excel formulas
    AVERAGEIFS
    • Can Handle Up To 127 Criteria Pairs

  • Sarcastic Fact 🤣
    Humorous or ironic observation about the Excel function
    SUMPRODUCT
    • The function that makes accountants feel like they're doing linear algebra
    INDEX_MATCH
    • The relationship status of Excel functions: It's complicated
    AVERAGEIFS
    • Makes Simple Averages Feel Inadequate

Technical Details Comparison

  • Input Data Type 📝
    Types of data that the Excel function accepts as input parameters
    For all*
    SUMPRODUCT
    • Number
      SUMPRODUCT accepts Number as input data. Excel functions specifically designed for numerical calculations
    INDEX_MATCH
    • Range
      INDEX_MATCH accepts Range as input data. Excel functions that operate on cell ranges and data sets
    AVERAGEIFS
    • Number
      AVERAGEIFS accepts Number as input data. Excel functions specifically designed for numerical calculations
    • Range
      AVERAGEIFS accepts Range as input data. Excel functions that operate on cell ranges and data sets

  • Version Compatibility 💻
    Indicates which Excel versions and platforms the function is compatible with < including Office 365< Excel 2019< 2016< etc.
    SUMPRODUCT
    • Excel 2019
      SUMPRODUCT is compatible with Excel 2019 Excel functions that work specifically in Excel 2019 version
    • Excel 2016
      SUMPRODUCT is compatible with Excel 2016 Excel functions that work specifically in Excel 2016 version
    INDEX_MATCH
    • Excel 2019
      INDEX_MATCH is compatible with Excel 2019 Excel functions that work specifically in Excel 2019 version
    • Excel 2016
      INDEX_MATCH is compatible with Excel 2016 Excel functions that work specifically in Excel 2016 version
    • Excel 2013
      INDEX_MATCH is compatible with Excel 2013 Excel functions that work specifically in Excel 2013 version
    • Microsoft 365
      INDEX_MATCH is compatible with Microsoft 365 Excel functions optimized for the latest Microsoft 365 platform
    AVERAGEIFS
    • Excel 2007
      AVERAGEIFS is compatible with Excel 2007 Excel functions that work specifically in Excel 2007 version

  • Operating System 💾
    Specifies the operating systems where the function can be used < including Windows< macOS< and web platforms
    For all*
    • Windows
      Excel functions optimized for Windows operating system
    • MacOS
      Excel functions optimized for MacOS users
    INDEX_MATCH
    • Web Excel
      INDEX_MATCH runs on Web Excel Excel functions available in web-based versions
    AVERAGEIFS
    • Web Excel
      AVERAGEIFS runs on Web Excel Excel functions available in web-based versions
    • Excel Online
      AVERAGEIFS runs on Excel Online Excel functions available in the online version of Excel

  • Required Arguments Count 🔢
    Number of mandatory arguments needed for the function to work properly
    SUMPRODUCT
    INDEX_MATCH
    AVERAGEIFS

  • Required Arguments Type 📊
    The data types accepted as valid input arguments for the function
    For all*
    • Array
      Excel functions that specifically work with array inputs for calculations
    • Range
      Excel functions that operate on cell ranges for calculations
    INDEX_MATCH
    • Number
      INDEX_MATCH accepts Number as input types Excel functions that perform calculations specifically with numerical inputs
    AVERAGEIFS
    • Number
      AVERAGEIFS accepts Number as input types Excel functions that perform calculations specifically with numerical inputs

Evaluation Comparison

  • Pros ✅
    Key advantages and strengths of the Excel function
    SUMPRODUCT
    • Powerful For Array Calculations
      Excel functions optimized for array calculations handle multiple values simultaneously for efficient processing
    • Handles Multiple Arrays
    • Powerful Array Handling
    • Flexible
    INDEX_MATCH
    • More Flexible Than VLOOKUP
    • Can Search Both Ways
    • Better Performance
    • Column Independent
    AVERAGEIFS
    • Flexible Criteria Selection
    • Multiple Condition Support
    • Easy To Understand
      Functions with clear and intuitive syntax that are simple to learn
    • Multiple Conditions Support
      Excel functions handling multiple conditions enable complex logical operations and flexible data filtering
    • Flexible Range Selection
      Functions that enable selecting dynamic ranges and cell references flexibly
    • Easy To Use With Multiple Criteria
      Functions that handle multiple conditions efficiently
    • Versatile For Complex Analysis

  • Cons ❌
    Limitations and potential drawbacks of the Excel function
    For all*
    • Complex Syntax
    SUMPRODUCT
    • Complex Syntax For Beginners
    • Limited To Numeric Data
    • Performance Intensive
    INDEX_MATCH
    • Requires Two Functions
    • Steeper Learning Curve
    AVERAGEIFS

Ratings Comparison

Alternatives to SUMPRODUCT
SUMIFS
Known for Multiple Condition Sum
🔢 needs fewer arguments than SUMPRODUCT
SUMIF
Known for Conditional Sum Calculations
COUNTA
Known for Count Non-Empty Cells
📊 is easier to use than SUMPRODUCT
COUNTIFS
Known for Multiple Criteria Counting
📈 is more versatile than SUMPRODUCT
SUM
Known for Basic Arithmetic Calculations
📊 is easier to use than SUMPRODUCT
SUBTOTAL
Known for Filtered Data Calculations
COUNT
Known for Counting Numeric Cells
📊 is easier to use than SUMPRODUCT
MAXIFS
Known for Multiple Criteria Max
🔢 needs fewer arguments than SUMPRODUCT
DMAX
Known for Database Max Value
🔢 needs fewer arguments than SUMPRODUCT
LOOKUP
Known for Simple Vertical And Horizontal Lookups