Valve has just kinda silently pushed out a pretty big upgrade to its in-game performance tools inside of the new June 17 Beta client update with Steam now offering a full Performance Monitor that tracks your FPS alongside CPU and GPU utilization, clock speeds, temps, and RAM usage.
The updated Steam FPS overlay now offers real-time graphs for each metric, or users can choice a pared-down display that only shows in-game FPS. The new overlay also flags when there are Frame Generation features like DLSS and FSR are active, separating true rendered frames from those that are created using AI upscaling technology.
For competitive and heavily detail-focused users, they'll enjoy knowing what their true FPS counts are, versus upscaled FPS, so they can tweak their settings based on actual performance. If the newly-updated Steam FPS overlay shows full GPU memory, then reducing your texture quality is something you'd normally do first... while if your CPU usage is maxed-out, you can make the appropriate tweaks to your in-game visual settings.

Right now, the new Performance Monitor is only available to Steam Beta participants, but Valve plans to roll out these new metrics over time, noting that not every single feature will be compatible with every system at the beginning. If you want to try it out, jump onto the Steam beta client and you can see what the new Performance Monitor is all about.
Valve notes: "The performance monitor can help you understand your frame rate (both including frame generation, and base game frame rate), and it can help you see if CPU utilization might be your bottleneck, or if your GPU is. You can see if you are out of system or video memory and if those factors are impacting performance as well".



