Strictly speaking, ethanol should not and typically does not evaporate in a mostly sealed container (like the gas tank/fuel system) much, and certainly not any differently than isopropyl alcohol does.
The regular "Heet" is methyl alcohol, the premium stuff in the red bottle, "Iso-Heet", is IPA, isopropyl alcohol.
IPA has an extra Carbon-Hydrogen pair bond. Little different structure.. All alcohols are similar and just hydrocarbon chains. But evaporation of alcohols is dependent on their molecular weight, and ethanol and IPA are not very far apart.
Your experience is quite perplexing, based on how chemicals are supposed to act (in our universe).
Personally, I hate having any alcohol added to my fuel, period.. in small engines, like you mentioned, it can really degrade performance. It reduces the amount of energy int he fuel too, fewer BTU's means less fuel mileage in the vehicle.