BAAI/BGE Reranker v2 M3 vs Voyage AI Rerank 2.5

Detailed comparison between BAAI/BGE Reranker v2 M3 and Voyage AI Rerank 2.5. See which reranker best meets your accuracy and performance needs.

Model Comparison

Voyage AI Rerank 2.5 takes the lead.

Both BAAI/BGE Reranker v2 M3 and Voyage AI Rerank 2.5 are powerful reranking models designed to improve retrieval quality in RAG applications. However, their performance characteristics differ in important ways.

Why Voyage AI Rerank 2.5:

  • Voyage AI Rerank 2.5 has 234 higher ELO rating
  • Voyage AI Rerank 2.5 delivers better accuracy (nDCG@10: 0.235 vs 0.201)
  • Voyage AI Rerank 2.5 is 1769ms faster on average
  • Voyage AI Rerank 2.5 has a 29.9% higher win rate

Overview

Key metrics

ELO Rating

Overall ranking quality

BAAI/BGE Reranker v2 M3

1314

Voyage AI Rerank 2.5

1547

Win Rate

Head-to-head performance

BAAI/BGE Reranker v2 M3

28.8%

Voyage AI Rerank 2.5

58.7%

Accuracy (nDCG@10)

Ranking quality metric

BAAI/BGE Reranker v2 M3

0.201

Voyage AI Rerank 2.5

0.235

Average Latency

Response time

BAAI/BGE Reranker v2 M3

2383ms

Voyage AI Rerank 2.5

613ms

Visual Performance Analysis

Performance

ELO Rating Comparison

Win/Loss/Tie Breakdown

Accuracy Across Datasets (nDCG@10)

Latency Distribution (ms)

Breakdown

How the models stack up

MetricBAAI/BGE Reranker v2 M3Voyage AI Rerank 2.5Description
Overall Performance
ELO Rating
1314
1547
Overall ranking quality based on pairwise comparisons
Win Rate
28.8%
58.7%
Percentage of comparisons won against other models
Pricing & Availability
Price per 1M tokens
$0.020
$0.050
Cost per million tokens processed
Release Date
2023-09-15
2025-08-11
Model release date
Accuracy Metrics
Avg nDCG@10
0.201
0.235
Normalized discounted cumulative gain at position 10
Performance Metrics
Avg Latency
2383ms
613ms
Average response time across all datasets

Dataset Performance

By field

Comprehensive comparison of accuracy metrics (nDCG, Recall) and latency percentiles for each benchmark dataset.

MSMARCO

MetricBAAI/BGE Reranker v2 M3Voyage AI Rerank 2.5Description
Accuracy Metrics
nDCG@5
0.592
0.571
Ranking quality at top 5 results
nDCG@10
0.605
0.584
Ranking quality at top 10 results
Recall@5
0.740
0.760
% of relevant docs in top 5
Recall@10
0.780
0.800
% of relevant docs in top 10
Latency Metrics
Mean
2207ms
571ms
Average response time
P50
825ms
611ms
50th percentile (median)
P90
1247ms
647ms
90th percentile

arguana

MetricBAAI/BGE Reranker v2 M3Voyage AI Rerank 2.5Description
Accuracy Metrics
nDCG@5
0.312
0.536
Ranking quality at top 5 results
nDCG@10
0.386
0.543
Ranking quality at top 10 results
Recall@5
0.560
0.960
% of relevant docs in top 5
Recall@10
0.780
0.980
% of relevant docs in top 10
Latency Metrics
Mean
2989ms
675ms
Average response time
P50
1658ms
612ms
50th percentile (median)
P90
2279ms
820ms
90th percentile

FiQa

MetricBAAI/BGE Reranker v2 M3Voyage AI Rerank 2.5Description
Accuracy Metrics
nDCG@5
0.112
0.108
Ranking quality at top 5 results
nDCG@10
0.120
0.119
Ranking quality at top 10 results
Recall@5
0.105
0.098
% of relevant docs in top 5
Recall@10
0.130
0.128
% of relevant docs in top 10
Latency Metrics
Mean
2529ms
627ms
Average response time
P50
1019ms
611ms
50th percentile (median)
P90
1649ms
814ms
90th percentile

business reports

MetricBAAI/BGE Reranker v2 M3Voyage AI Rerank 2.5Description
Latency Metrics
Mean
2451ms
612ms
Average response time
P50
895ms
521ms
50th percentile (median)
P90
1679ms
734ms
90th percentile

PG

MetricBAAI/BGE Reranker v2 M3Voyage AI Rerank 2.5Description
Latency Metrics
Mean
2034ms
612ms
Average response time
P50
1225ms
612ms
50th percentile (median)
P90
2091ms
791ms
90th percentile

DBPedia

MetricBAAI/BGE Reranker v2 M3Voyage AI Rerank 2.5Description
Accuracy Metrics
nDCG@5
0.096
0.163
Ranking quality at top 5 results
nDCG@10
0.096
0.164
Ranking quality at top 10 results
Recall@5
0.003
0.004
% of relevant docs in top 5
Recall@10
0.003
0.005
% of relevant docs in top 10
Latency Metrics
Mean
2087ms
583ms
Average response time
P50
806ms
613ms
50th percentile (median)
P90
1068ms
632ms
90th percentile

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