I recommend QEMU/KVM with GPU passthrough (will require two GPUs but an iGPU will suffice for the host Linux install if you don’t need a powerful GPU for it). You don’t get complete bare metal performance but it’s close.
You can do USB passthrough for your gaming peripherals with the windows-only drivers installed on the VM.
I actually do this now for video games but with a windows VM running on a headless proxmox host that I remote into with Parsec. I had to scrap and remake the VM a few times in the beginning while figuring everything out but the VM has been going strong without breaking for around 1.5 years now.