Every index has a minimum of one shard. Multiple types can live in the same shard. Shards both have maintenance overheads and slow down queries. However, if you have a lot of targeted queries you can more easily reduce the shards accessed by reducing indexes than you could if you had multi-tenancy. I could be missing something but I don't think you can have multiple routing values in a query, but someone may want to query multiple log types.
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