This video compares the Performance and Ray Tracing modes of the Myst Remake on the PlayStation 5 Pro.
You can check out the comparison below:
While the Ray Tracing Mode offers slightly sharper graphics in addition to providing Ray-Traced reflections, it runs at half the frame rate of Performance Mode.
Overall, I perfect the smoothness of 60 fps of the Performance Mode rather than the added fidelity of the Ray Tracing Mode.