The YouTube channel KyoKat PC Gameplay has posted a video comparison between the version without DRM and the one with Denuvo of Resident Evil Village, obviously on PC. The video shows unequivocally how the version with DRM has major performance problems, with sudden collapses in framerates.
In both cases, Resident Evil Village was tested on the same system: an Acer Aspire GX-783-BR13 with Intel Core i7 7700 @ 3.60GHz (Kaby Lake), an NVIDIA GeForce GTX 1060 6GB GDDR5 (PNY) and 16GB of ram. An SSD was used for the installation.
The youtuber has set the game to one resolution of 1920 x 1080 with balanced graphics settings and unlocked FPS.
In short, it seems that the performance problems actually stem from Denuvo, which is really serious since they are very annoying in some circumstances. This could also be the reason why Capcom hasn’t updated the game on PC anymore: doing so may be useless, at least as long as the protection is active.
To learn more about the game, we invite you to read our Resident Evil Village review.