Compact mode

SUMPRODUCT vs INDEX_MATCH vs MAXIFS

Table of content

Basic Classification Comparison
Usage Context Comparison
Basic Information Comparison
History Comparison
Facts Comparison

Usage Information Comparison
Technical Details Comparison
Evaluation Comparison
Ratings Comparison

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

Mathematical

SUMPRODUCT belongs to the Mathematical category. Excel functions for performing mathematical calculations Click to see all.

INDEX_MATCH

Lookup & Reference

INDEX_MATCH belongs to the Lookup & Reference category. Excel functions for searching and referencing data across spreadsheets Click to see all.

MAXIFS

Mathematical

MAXIFS belongs to the Mathematical category. Excel functions for performing mathematical calculations Click to see all.
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 Click to see all.

INDEX_MATCH

Retrieval

INDEX_MATCH performs Retrieval operations. Functions specialized in fetching data from various sources Click to see all.

MAXIFS

Calculation

MAXIFS performs Calculation operations. Excel functions for performing various calculations Click to see all.

Usage Context Comparison

For whom 👥

Target user groups who would benefit most from using this Excel function

For all*

Data Analysts

Excel functions specifically designed for data analysis and interpretation

SUMPRODUCT

Financial Professionals

SUMPRODUCT is designed for Financial Professionals. Excel functions essential for financial analysis and planning Click to see all.

INDEX_MATCH

Business Managers

INDEX_MATCH is designed for Business Managers. Excel functions helpful for business management and decision making Click to see all.

MAXIFS

Financial Professionals

MAXIFS is designed for Financial Professionals. Excel functions essential for financial analysis and planning Click to see all.
Purpose 📝

Primary purposes and use cases of the Excel function

For all*

Data Analysis

Functions specifically designed for analyzing data

INDEX_MATCH

Data Lookup

INDEX_MATCH is used for Data Lookup. Functions for finding and retrieving specific data Click to see all.

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.

MAXIFS

Multiple Criteria Max

MAXIFS is known for Multiple Criteria Max.

History Comparison

Creation Date 📅

Original release date of the Excel function

SUMPRODUCT

Excel 95

SUMPRODUCT was created in Excel 95. Functions that came with Excel 95 release Click to see all.

INDEX_MATCH

Excel 95

INDEX_MATCH was created in Excel 95. Functions that came with Excel 95 release Click to see all.

MAXIFS

Excel 2016

MAXIFS was created in Excel 2016. Functions that came with Excel 2016 version Click to see all.
Created By 👤

Organization or team responsible for developing the function

For all*

Microsoft Excel Team

Functions officially created by the Microsoft Excel development team

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

MAXIFS

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

MAXIFS

Like finding the tallest person who likes both pizza and sushi

Usage Information Comparison

Formula Complexity Level 📖

Indicates the difficulty level and complexity of using the Excel function effectively

SUMPRODUCT

Intermediate

SUMPRODUCT has a Intermediate complexity level. Excel functions with moderate complexity for various tasks Click to see all.

INDEX_MATCH

Advanced

INDEX_MATCH has a Advanced complexity level. Complex Excel functions for sophisticated calculations and operations Click to see all.

MAXIFS

Intermediate

MAXIFS has a Intermediate complexity level. Excel functions with moderate complexity for various tasks Click to see all.

Technical Details Comparison

Input Data Type 📝

Types of data that the Excel function accepts as input parameters

For all*

Array

Excel functions designed to work with arrays and ranges of data

SUMPRODUCT

Number

SUMPRODUCT accepts Number as input data. Excel functions specifically designed for numerical calculations Click to see all.

INDEX_MATCH

Range

INDEX_MATCH accepts Range as input data. Excel functions that operate on cell ranges and data sets Click to see all.

MAXIFS

Number

MAXIFS accepts Number as input data. Excel functions specifically designed for numerical calculations Click to see all.
Version Compatibility 💻

Indicates which Excel versions and platforms the function is compatible with < including Office 365< Excel 2019< 2016< etc.

For all*

Excel 2016

Excel functions that work specifically in Excel 2016 version

SUMPRODUCT

Excel 2019

SUMPRODUCT is compatible with Excel 2019 Excel functions that work specifically in Excel 2019 version Click to see all.

INDEX_MATCH

Excel 2019

INDEX_MATCH is compatible with Excel 2019 Excel functions that work specifically in Excel 2019 version Click to see all.

Excel 2013

INDEX_MATCH is compatible with Excel 2013 Excel functions that work specifically in Excel 2013 version Click to see all.

Microsoft 365

INDEX_MATCH is compatible with Microsoft 365 Excel functions optimized for the latest Microsoft 365 platform Click to see all.

MAXIFS

Microsoft 365

MAXIFS is compatible with Microsoft 365 Excel functions optimized for the latest Microsoft 365 platform Click to see all.
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 Click to see all.
Required Arguments Count 🔢

Number of mandatory arguments needed for the function to work properly

SUMPRODUCT

2

SUMPRODUCT needs 2 required arguments Click to see all.

INDEX_MATCH

3

INDEX_MATCH needs 3 required arguments Click to see all.

MAXIFS

3

MAXIFS needs 3 required arguments Click to see all.
Required Arguments Type 📊

The data types accepted as valid input arguments for the function

For all*

Range

Excel functions that operate on cell ranges for calculations

SUMPRODUCT

Array

SUMPRODUCT accepts Array as input types Excel functions that specifically work with array inputs for calculations Click to see all.

INDEX_MATCH

Number

INDEX_MATCH accepts Number as input types Excel functions that perform calculations specifically with numerical inputs Click to see all.

Array

INDEX_MATCH accepts Array as input types Excel functions that specifically work with array inputs for calculations Click to see all.

MAXIFS

Text

MAXIFS accepts Text as input types Excel functions specialized in text string manipulation and processing Click to see all.

Number

MAXIFS accepts Number as input types Excel functions that perform calculations specifically with numerical inputs Click to see all.

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 Click to see all.

Handles Multiple Arrays

Powerful Array Handling

Flexible

INDEX_MATCH

More Flexible Than VLOOKUP

Can Search Both Ways

Better Performance

Column Independent

MAXIFS

Multiple Condition Support

Array Handling

Functions that efficiently process arrays and ranges of data Click to see all.

Efficient Processing
Cons ❌

Limitations and potential drawbacks of the Excel function

SUMPRODUCT

Complex Syntax For Beginners

Limited To Numeric Data

Complex Syntax

Performance Intensive

INDEX_MATCH

Requires Two Functions

Steeper Learning Curve

Complex Syntax

MAXIFS

Requires Sorted Data

Limited To Numbers

Functions that can only process numerical values and cannot handle text or dates Click to see all.

Ratings Comparison

Ease of Use Score 📊

User-rated score for function's ease of use

SUMPRODUCT

8.5

User-rated score for function's ease of use (25%) Having high ease of use score means the function is more intuitive and user-friendly. Click to see all.

INDEX_MATCH

7.2

User-rated score for function's ease of use (25%) Having high ease of use score means the function is more intuitive and user-friendly. Click to see all.

MAXIFS

8

User-rated score for function's ease of use (25%) Having high ease of use score means the function is more intuitive and user-friendly. Click to see all.
Versatility Score 📈

Rating for function's adaptability to different scenarios

SUMPRODUCT

9

Rating for function's adaptability to different scenarios (25%) Functions with higher versatility scores can be used in more diverse scenarios and applications. Click to see all.

INDEX_MATCH

9.8 🥇Most Versatile Excel Function

Rating for function's adaptability to different scenarios (25%) Functions with higher versatility scores can be used in more diverse scenarios and applications. Click to see all.

MAXIFS

8.5

Rating for function's adaptability to different scenarios (25%) Functions with higher versatility scores can be used in more diverse scenarios and applications. Click to see all.
Performance Score ⚙

Rating for function's execution speed and efficiency

SUMPRODUCT

9.5

Rating for function's execution speed and efficiency (25%) Functions with higher performance scores execute faster and use system resources more efficiently. Click to see all.

INDEX_MATCH

9.5

Rating for function's execution speed and efficiency (25%) Functions with higher performance scores execute faster and use system resources more efficiently. Click to see all.

MAXIFS

8.5

Rating for function's execution speed and efficiency (25%) Functions with higher performance scores execute faster and use system resources more efficiently. Click to see all.
Reliability Score 🛠

Rating for function's consistency and error handling

SUMPRODUCT

9.8

Rating for function's consistency and error handling (25%) Functions with higher reliability scores produce more consistent results and handle edge cases better. Click to see all.

INDEX_MATCH

9.7

Rating for function's consistency and error handling (25%) Functions with higher reliability scores produce more consistent results and handle edge cases better. Click to see all.

MAXIFS

9

Rating for function's consistency and error handling (25%) Functions with higher reliability scores produce more consistent results and handle edge cases better. Click to see all.
Score ⭐

Overall rating combining all scoring attributes

SUMPRODUCT

9.2

The overall score for SUMPRODUCT is 9.2. Click to see all.

INDEX_MATCH

9.05

The overall score for INDEX_MATCH is 9.05. Click to see all.

MAXIFS

8.5

The overall score for MAXIFS is 8.5. Click to see all.

Alternatives to SUMPRODUCT

Known for Multiple Condition Sum

🔢 needs fewer arguments than SUMPRODUCT

Known for Conditional Sum Calculations

Known for Count Non-Empty Cells

📊 is easier to use than SUMPRODUCT

Known for Filtered Data Calculations

Known for Basic Arithmetic Calculations

📊 is easier to use than SUMPRODUCT

Known for Multiple Criteria Based Average

Known for Multiple Criteria Counting

📈 is more versatile than SUMPRODUCT

Known for Counting Numeric Cells

📊 is easier to use than SUMPRODUCT

Known for Database Max Value

🔢 needs fewer arguments than SUMPRODUCT

Known for Simple Vertical And Horizontal Lookups