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Does Simultaneous Harwadare encoding/decoding effect CUDA applications on Nvida Turing (RTX 20XX)?

If I have a Plex media server which uses Nvidia HW encoding (NVENC), will it effect CUDA activities like folding@home or game graphics from a GPU resources point of view? Obviously the CPU is shared for both activities so it would be effected. I have an Nvidia RTX 2060, and the encoding/decoding is a different part of the silicon then the CUDA so do they not interfere with each other? To be clear, can I fold@home with my Plex server with an RTX 2060 without adversely effecting either activity?

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