With disk caches, you want to be able to attribute hits and misses

Suppose that you have a disk or filesystem cache in memory (which you do, since pretty much everything has one these days). Most disk caches will give you simple hit and miss information as part of their basic information, but if you're interested in the performance of your disk cache (or in improving it), you want more information. The problem with disk caches is that there are a lot of different sources and types of disk IO, and you can have hit rates that are drastically different between them. Your hit rate for reading data from files may be modest, while your hit rate on certain sorts of metadata may be extremely high . Knowing this is important because it means that your current good performance on things involving that metadata is critically dependent on that hit rate.

(Well, it may be, depending on what storage media you're using and what its access speeds are like. A lot of my exposure to this dates from the days of slow HDDs.)

This potential vast difference is why you want more detailed information in both cache metrics and IO traces. The more narrowly you can attribute IO and the more you know about it, the more useful things you can potentially tell about the performance of your system and what matters to it. This is not merely 'data' versus 'metadata', and synchronous versus asynchronous; ideally you want to know the sort of metadata read being done, and whether the file data being read is synchronous or not, and whether this is a prefetching read or a 'demand' read that really needs the data.

A lot of the times, operating systems are not set up to pass this information down through all of the layers of IO from the high level filesystem code that knows what it's asking for to the disk driver code that's actually issuing the IOs. Part of the reason for this is that it's a lot of work to pass all of this data along, which means extra CPU and memory on what is an increasingly hot path (especially with modern NVMe based storage). These days you may get some of this fine grained details in metrics and perhaps IO traces (eg, for (Open)ZFS ), but probably not all the way to types of metadata.

Of course, disk and filesystem caches (and IO) aren't the only place that this can come up. Any time you have a cache that stores different types of things that are potentially queried quite differently, you can have significant divergence in the types of activity and the activity rates (and cache hit rates) that you're experiencing. Depending on the cache, you may be able to get detailed information from it or you may need to put more detailed instrumentation into the code that queries your somewhat generic cache.

Modern general observability features in operating systems can sometimes let you gather some of this detailed attribute yourself (if the OS doesn't already provide them). However, it's not a certain thing and there are limits; for example, you may have trouble tracing and tracking IO once it gets dispatched asynchronously inside the OS (and most OSes turn IO into asynchronous operations before too long).