For actual, "believable" gameplay: Ratchet & Clank without a doubt.
For the rest (in-engine or however they call it): Hellblade 2 by far, followed by Horizon 2.
Although it's a bit like apples and oranges, so far... Hellblade 2 was especially impressive for Senua's model, animation, lighting, while Horizon 2 was impressive taking into consideration the environment and the open-world factor.
MSFS deserves a special mention. A "current gen" game which probably looks and feels the most "next gen" of all, for different reasons.