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Default VLOOKUP Closest Match Not Close Enough

I'm comparing one string array with another using VLOOKUP. About half
the list matches exactly if I use FALSE in the Range_Lookup. On the
items that don't match I used TRUE in the Range_Lookup but found it
doesn't get the closest match. See example:

Test Table Array
AAABBBCCC
AAACCCCCC
AAACCCDDD

Lookup Value = AAACCCCC

VLOOKUP returns 1st item in Table (AAABBBCCC) ????????????

Of course item 2 (AAACCCCCC) is the better match but VLOOKUP doesn't
see it that way.

Does anyone know of a way around this problem? Maybe a character by
character match function that returns the item that matchs the most
number of correct characters?

Thanks in advance.

 
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