That Lords of the fallen video is 6 months old. In the lastest patch there are not traversal stutters in the areas Xbox is famously impacted, according to the latest DF video. if there still stutters in others areas on PS5 they didn't show.
In avatar PS5 has zero traversal stutters according to DF. Usually PS5 has less traversal stutters in many games, not zero, so what's happening in Avatar is quite new. But Avator is also the most modern engine out there so, using all hardware RT and mesh shaders on consoles, so I dunno, you can make your own guesses on why there wouldn't be no traversal stutters on PS5, not recorded at least.
Lead platform you say? PS5 has less traversal stutters in Fallout 4 native patch. Is PS5 lead platform in Fallout 4?