I did a little comparison of Fermi chips vs. their equivalent Kepler chips (insofar as inherent successor, i.e. GK104 was derived from GF114 etc.) GK107 replaced GF118, and comparing the gtx650 (which is the fastest product using GK107) with the fastest GF118 based card (which was the same die size as the gtx650), performance slightly more than doubled (108% performance increase, to be exact). So if Nvidia more or less keeps up that same performance improvement on the low end, Mzxwell's fastest card based off it's smallest chip should be able to perform right at, or even slightly better than, hd7850 levels.
Here are the comparisons I made with Kepler to Fermi and with GCN to Cayman and Evergreen.
http://alienbabeltech.com/abt/viewtopic.php?f=6&t=30552