I run Windows Arm64 11 beta with Parallels and it can emulate x86/64 apps well enoug even on 4.5k resolution things are very snappy. And I run pcon planner which is a 3d modeling program which worked fine. Not sure exact speed though.
I hope vmware fusion works as well because Parallels has become annoying over the years. You can buy a permanent license instead of a subscription, but you have to upgrade every time MacOS has a major update anyway.
It works totally fine