Check If Value On One List Appears In Another List Without COUNTIF

Mar 3, 2014

I have two very large data sets and I need to see if any of the values on one sheet (B2:B380975) appear on another workbook (B2:B216607).

I know that I can do this with COUNTIF, but it's going to take ages to calculate.

Current COUNTIF formula is:
=COUNTIF('[ORIGINAL.xlsx]data'!$B$2:$B$216607,B2)

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