Updated Embedding Models Benchmarks with nDCG@10 results from 200 questions across finance, legal, technical support and healthcare.
Embedding Benchmarks
Compare embedding models on 200 questions across finance, legal, technical support and healthcare. Explore AIMultiple's retrieval results, API prices and model details. See the methodology.
Benchmark results through October 1, 2026. API prices checked October 15, 2026.
Leaderboard
All 25 models ranked by average nDCG@10 across finance, legal, technical support and healthcare.
# | Model | nDCG@10 | Finance | CUAD (legal) | TechQA (support) | MedRAG (healthcare) |
|---|---|---|---|---|---|---|
| 1 | Voyage 4 Large Voyage AI | 0.851 | 0.838 | 0.704 | 0.887 | 0.978 |
| 2 | Cohere Embed 5 Pro Cohere | 0.850 | 0.791 | 0.759 | 0.894 | 0.953 |
| 3 | Cohere Embed 5 Fast Cohere | 0.839 | 0.808 | 0.762 | 0.846 | 0.940 |
| 4 | Gemini Embedding 2 Google | 0.830 | 0.824 | 0.731 | 0.796 | 0.967 |
| 5 | Voyage 4 Voyage AI | 0.829 | 0.782 | 0.700 | 0.855 | 0.980 |
| 6 | Voyage 4 Lite Voyage AI | 0.793 | 0.725 | 0.668 | 0.831 | 0.949 |
| 7 | Gemini Embedding 001 Google | 0.785 | 0.755 | 0.634 | 0.787 | 0.963 |
| 8 | Cohere Embed v4.0 Cohere | 0.772 | 0.723 | 0.626 | 0.785 | 0.953 |
| 9 | Voyage Code 4 Voyage AI | 0.770 | 0.824 | 0.687 | 0.616 | 0.952 |
| 10 | Codestral Embed Mistral AI | 0.766 | 0.790 | 0.588 | 0.753 | 0.933 |
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How Embedding Models Benchmarks are Built
We benchmarked embedding models on a fixed set of 200 questions: 50 each in finance, legal, technical support and healthcare. Each query searches its domain's full collection of text passages. We rank models by mean nDCG@10, which rewards placing recorded relevant passages near the top of the first ten results.
The four collections contain 341,040 text passages: chunks extracted from source documents, not a count of sentences or original documents. The questions were selected using BM25, and relevance labels are incomplete. These are development-set results, not a blind holdout evaluation. Embeddings were generated through hosted APIs; the cost chart shows what embedding the full benchmark cost each model, and API list prices appear separately in the leaderboard.
Recent Updates
Latest changes to the Embedding Models Benchmarks, model coverage and AIMultiple benchmark methodology.
Embedding benchmark refreshed: 25 models, 4 domains
Updated Embedding Models Benchmarks with nDCG@10 results from 200 questions across finance, legal, technical support and healthcare.