I put this comment elsewhere in the thread, but maybe if I put it in this subthread you'll get to see it.
I tested on my laptop (a ThinkPad X250) and alacritty is slower than xterm. xterm can display find / at 80x24 in 11 seconds, but alacritty takes 17 seconds or more, depending on how large the window is (smaller seems to be slower) and whether it's on-screen or not (off-screen seems to be slower).