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Hi,
There are many reasons that can cause a SharePoint list to be slow such as hierarchical structural navigation functionality, content roll up, large image or videos, too many requests just to list a few. In most cases, the heavy use of calculated column will be the root cause for the slow performance. This is to mean that if your columns contain so many formulas, it many take huge resources of the server, which in return will affect your SharePoint list performance
If you are using classic Experience SharePoint list, to promote best practice and list performance in SharePoint list, you may try the following steps:
- Add indexes on columns.
- Edit the view and apply filters. Make sure only a portion of items will get displayed under the current view.
Reference:
Manage large lists and libraries.
The following article also provides the best diagnosis ways you can do to know where the problem is in your SharePoint list.
Reference: Diagnosing performance issues with SharePoint Online - Microsoft 365 Enterprise | Microsoft Docs
Hope this helps.
Regards,
Christophe