INDEX & MATCH vs OFFSET & MATCH

Hi,

I understand that you can create very flexible lookups by linking either the INDEX or OFFSET functions with the MATCH function.

Are these options equally effective or is one pair better than the other?

Thanks

I think that INDEX is usually considered better because, unlike OFFSET, INDEX is not volatile, so should be quicker and more efficient in general. OFFSET also doesn't work with closed workbooks

When you use OFFSET your workbook will always recalculate when there are any changes in your workbook and when you closing workbook.

There are many options available in Excel. These options may include different function and combinations. INDEX/OFFSET/MATCH/INDIRECT/VLOOKUP/CHOOSE/LOOKUP/HLOOKUP and the list is not finished. Ultimately it all depends on what is the most suitable for your project.

Appreciate your feedback!