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One thing that I would want to see in this kind of benchmarks is the performance of these engines when data is stored on an object storage.

The main reason for that is that the amount of logs, metrics, traces data can be huge...

I think Loki was made to work on object storage.

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+1 Loki is designed for object storage as backend. Persisting all data (so not storage tiering) on object storage vs local storage gives you cost savings, increased durability and simplified operational at scale.

ES works on object storage, too afaik but it's a paid feature

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