Apex Legends' bleed effect bug tanking battle royale frame rates

It's safe to say that there are quite a few reasons why Apex Legends is one of the most popular battle royale games out there right now. One of those reasons is the fact that there's just so much going on in Respawn Entertainment's battle royale shooter. If you're someone who suffers frame rate drops in-game in the thick of a fight, we might know why that is. One player has identified that the Apex Legends bleed effect (which appears on-screen when you take damage) is actually the cause of the issues - at least for them.
Taking to Reddit to ask for help, 'Reasonable-Law-9737' has shared a number of screenshots showing a frame rate drop of 10fps or more when the "low health overlay" (which we're calling the bleed effect) appears on-screen.
The initial numbers they offer up are from a standing position in Apex Legends' firing range. However, they report higher frame rate drops when this effect occurs while sprinting and "even bigger numbers" while in-game, as you can imagine. The Reddit user rightfully states that this is essentially punishing players who take damage in a fight while playing on lower-spec hardware - as they can't fight back as effectively.
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