Yes. I'm playing with Raytracing on. The performance issue is momentary. Feels more like a menu/game asset loading/swapping issue to me because it only occurs for a moment and then performance goes back to normal. I have no mods to the game at all. I've had a few responses on Reddit about other...
When I open my map the animation showing the map opening (the circle expanding) will play slowly and interaction with the map will have extremely low performance. After a moment it will pass and the map/character/inventory menus will function without any issues at all. Then when I exit the map...