Absolutely this. Relatively quick and clean, no messing with installation or reconfiguration. That is, assuming your data isn’t completely corrupted and the old drive doesn’t just outright fail during transfer… But if that happens you were screwed to begin with.
As others have said, it might be the new steam recording feature being a touch buggy still. You could also try running the game through gamescope. I’ve had that resolve weird stuttering when game frame pacing wasn’t matching up with the refresh rate of the monitor or compositor properly.