Poor VM performance compared to bare metal

Hello. After much troubleshooting, I've finally got GPU passthrough working for my Windows 10 VM on Unraid. Now, my problem is performance.

Setup:

• Chassis: Dell poweredge r720
• Disks: 8x HDD's in raid 5
• Memory: up to 48GB DDR3
• GPU: GTX 1070 
• CPU's: 2x E5-2736v2 @ 3.5GHz

I know this may be an unusual setup, but a baremetal windows 10 installation proved that this is just fine as a workstation. Everything was smooth, I was even able to play GTAV and have a really enjoyable experience. After configuring my Unraid VM, I was very disappointed with the visual and interactive performance. Nothing is snappy, dragging windows around is anything but smooth, accessing buttons and apps is very laggy. So much so that I'm convinced something must be incorrectly configured on my end. I've seen tons of success stories of users using unraid vm's for workstation/gaming. 

A list of things I've tried:

• i440 vs Q35
• Adding cpuemulatorpin
• changing drive from auto to SATA

From my understanding, both the CPU and GPU should be passed through which makes me really confused why there's any noticeable performance difference between baremetal windows and windows VM on unraid. That being said, I'm obviously pretty new to Unraid so I would really appreciate any advice on how to get closer to baremetal performance on my VM. I plan on taking advantage of Unraid's docker compatibility so would love to get my workstation VM in a good place. TYIA!

Anyhow, I'm more or less on a clean Unraid OS install. My VM config is as follows:

<?xml version='1.0' encoding='UTF-8'?>
<domain type='kvm'>
  <name>Windows 10</name>
  <uuid>2809b3e9-1089-919c-2c15-1bda402dbc85</uuid>
  <metadata>
    <vmtemplate xmlns="unraid" name="Windows 10" icon="windows.png" os="windows10"/>
  </metadata>
  <memory unit='KiB'>33030144</memory>
  <currentMemory unit='KiB'>33030144</currentMemory>
  <memoryBacking>
    <nosharepages/>
  </memoryBacking>
  <vcpu placement='static'>15</vcpu>
  <cputune>
    <vcpupin vcpu='0' cpuset='8'/>
    <vcpupin vcpu='1' cpuset='1'/>
    <vcpupin vcpu='2' cpuset='9'/>
    <vcpupin vcpu='3' cpuset='2'/>
    <vcpupin vcpu='4' cpuset='10'/>
    <vcpupin vcpu='5' cpuset='3'/>
    <vcpupin vcpu='6' cpuset='11'/>
    <vcpupin vcpu='7' cpuset='4'/>
    <vcpupin vcpu='8' cpuset='12'/>
    <vcpupin vcpu='9' cpuset='5'/>
    <vcpupin vcpu='10' cpuset='13'/>
    <vcpupin vcpu='11' cpuset='6'/>
    <vcpupin vcpu='12' cpuset='14'/>
    <vcpupin vcpu='13' cpuset='7'/>
    <vcpupin vcpu='14' cpuset='15'/>
    <emulatorpin cpuset='0'/>
  </cputune>
  <os>
    <type arch='x86_64' machine='pc-q35-4.2'>hvm</type>
    <loader readonly='yes' type='pflash'>/usr/share/qemu/ovmf-x64/OVMF_CODE-pure-efi.fd</loader>
    <nvram>/etc/libvirt/qemu/nvram/2809b3e9-1089-919c-2c15-1bda402dbc85_VARS-pure-efi.fd</nvram>
  </os>
  <features>
    <acpi/>
    <apic/>
  </features>
  <cpu mode='host-passthrough' check='none'>
    <topology sockets='1' cores='15' threads='1'/>
    <cache mode='passthrough'/>
  </cpu>
  <clock offset='localtime'>
    <timer name='rtc' tickpolicy='catchup'/>
    <timer name='pit' tickpolicy='delay'/>
    <timer name='hpet' present='no'/>
  </clock>
  <on_poweroff>destroy</on_poweroff>
  <on_reboot>restart</on_reboot>
  <on_crash>restart</on_crash>
  <devices>
    <emulator>/usr/local/sbin/qemu</emulator>
    <disk type='file' device='cdrom'>
      <driver name='qemu' type='raw'/>
      <source file='/mnt/user/isos/Windows.iso'/>
      <target dev='hda' bus='sata'/>
      <readonly/>
      <boot order='2'/>
      <address type='drive' controller='0' bus='0' target='0' unit='0'/>
    </disk>
    <disk type='file' device='cdrom'>
      <driver name='qemu' type='raw'/>
      <source file='/mnt/user/isos/virtio-win-0.1.173-2.iso'/>
      <target dev='hdb' bus='sata'/>
      <readonly/>
      <address type='drive' controller='0' bus='0' target='0' unit='1'/>
    </disk>
    <disk type='file' device='disk'>
      <driver name='qemu' type='raw' cache='writeback'/>
      <source file='/mnt/user/domains/Windows 10/vdisk1.img'/>
      <target dev='hdc' bus='sata'/>
      <boot order='1'/>
      <address type='drive' controller='0' bus='0' target='0' unit='2'/>
    </disk>
    <controller type='virtio-serial' index='0'>
      <address type='pci' domain='0x0000' bus='0x00' slot='0x05' function='0x0'/>
    </controller>
    <controller type='pci' index='0' model='pcie-root'/>
    <controller type='pci' index='1' model='pcie-root-port'>
      <model name='pcie-root-port'/>
      <target chassis='1' port='0x8'/>
      <address type='pci' domain='0x0000' bus='0x00' slot='0x01' function='0x0' multifunction='on'/>
    </controller>
    <controller type='pci' index='2' model='pcie-root-port'>
      <model name='pcie-root-port'/>
      <target chassis='2' port='0x9'/>
      <address type='pci' domain='0x0000' bus='0x00' slot='0x01' function='0x1'/>
    </controller>
    <controller type='pci' index='3' model='pcie-root-port'>
      <model name='pcie-root-port'/>
      <target chassis='3' port='0xa'/>
      <address type='pci' domain='0x0000' bus='0x00' slot='0x01' function='0x2'/>
    </controller>
    <controller type='pci' index='4' model='pcie-root-port'>
      <model name='pcie-root-port'/>
      <target chassis='4' port='0xb'/>
      <address type='pci' domain='0x0000' bus='0x00' slot='0x01' function='0x3'/>
    </controller>
    <controller type='pci' index='5' model='pcie-root-port'>
      <model name='pcie-root-port'/>
      <target chassis='5' port='0xc'/>
      <address type='pci' domain='0x0000' bus='0x00' slot='0x01' function='0x4'/>
    </controller>
    <controller type='sata' index='0'>
      <address type='pci' domain='0x0000' bus='0x00' slot='0x1f' function='0x2'/>
    </controller>
    <controller type='usb' index='0' model='qemu-xhci' ports='15'>
      <address type='pci' domain='0x0000' bus='0x00' slot='0x07' function='0x0'/>
    </controller>
    <interface type='bridge'>
      <mac address='52:54:00:fc:8a:08'/>
      <source bridge='br0'/>
      <model type='virtio'/>
      <address type='pci' domain='0x0000' bus='0x01' slot='0x00' function='0x0'/>
    </interface>
    <serial type='pty'>
      <target type='isa-serial' port='0'>
        <model name='isa-serial'/>
      </target>
    </serial>
    <console type='pty'>
      <target type='serial' port='0'/>
    </console>
    <channel type='unix'>
      <target type='virtio' name='org.qemu.guest_agent.0'/>
      <address type='virtio-serial' controller='0' bus='0' port='1'/>
    </channel>
    <input type='tablet' bus='usb'>
      <address type='usb' bus='0' port='1'/>
    </input>
    <input type='mouse' bus='ps2'/>
    <input type='keyboard' bus='ps2'/>
    <hostdev mode='subsystem' type='pci' managed='yes'>
      <driver name='vfio'/>
      <source>
        <address domain='0x0000' bus='0x42' slot='0x00' function='0x0'/>
      </source>
      <address type='pci' domain='0x0000' bus='0x00' slot='0x08' function='0x0' multifunction='on'/>
    </hostdev>
    <hostdev mode='subsystem' type='pci' managed='yes'>
      <driver name='vfio'/>
      <source>
        <address domain='0x0000' bus='0x42' slot='0x00' function='0x1'/>
      </source>
      <address type='pci' domain='0x0000' bus='0x00' slot='0x08' function='0x1'/>
    </hostdev>
    <hostdev mode='subsystem' type='usb' managed='no'>
      <source>
        <vendor id='0x046d'/>
        <product id='0xc539'/>
      </source>
      <address type='usb' bus='0' port='2'/>
    </hostdev>
    <hostdev mode='subsystem' type='usb' managed='no'>
      <source>
        <vendor id='0x05ac'/>
        <product id='0x024f'/>
      </source>
      <address type='usb' bus='0' port='3'/>
    </hostdev>
    <memballoon model='none'/>
  </devices>
</domain>