My system runs 50-60ish fps with all ray tracing options on (100fps without) DLSS improves it slightly. I didn’t see enough benefit to having it on so I went back to my usual settings. i7 w/rtx 3060 laptop.
I have a screenshot but I can’t seem to share it here.
The ambient occlusion is indeed the better feature. The ray tracing, maxed, will cut your frames by like 50%, while providing almost no perceptible benefit to visual fidelity.