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If no match is found, XLOOKUP will display nothing instead of #N/A. Note: Be careful if you supply an empty string ("") for not_found. When providing a value for not_found, enclose the text in double quotes (""). Typical values for not_found might be "Not found", "No match", "No result", etc. Unlike the other match functions, XLOOKUP supports an optional argument called not_found that can be used to override the #N/A error when it would otherwise appear. When XLOOKUP can't find a match, it returns the #N/A error, like other match functions in Excel. Compared to older functions like VLOOKUP, HLOOKUP, and LOOKUP, XLOOKUP offers several key advantages. In addition, XLOOKUP can search data starting from the first value or the last value (see match type and search mode details below). XLOOKUP can find values in vertical or horizontal ranges, can perform approximate and exact matches, and supports wildcards (* ?) for partial matches. It is a flexible and versatile function that can be used in a wide variety of situations. XLOOKUP is a modern replacement for the VLOOKUP function.
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