Update:
The new drivers(32.0.101.5768) seems to have completely resolved my problem. Although performance is unchanged in DX11, Vulkan is improved somewhat.
Game failed to launch when I had the configs set for Vulkan over DX11.
System Specs:
Intel 12700K, not overclocked
Intel Arc A770 LE, not overclocked
-Driver version 31.0.101.5333 (2/21/2024 Build)
32 gigs DDR4 @ 3200
M.2 SSD 980 Pro 1TB
Win 10
Had to go into boot.vcfg to change rendering...