It was stated that ethanol reduces the effectiveness of ZDDP. It's because ZDDP is an ester which can undergo transesterification from reactions with the alcohol. It's a complicated chemical process, see Le Chatelier's principle to learn more about it. That said, ethanol boils at 174°F and only comprises 10% of the fuel volume. So long as the engine is fully warmed up, the ethanol wash isn't going to be a major issue. The majority of the fuel left behind in the oil are your heavy aromatics and n-olefins like toluene, xylenes, ethylbenzenes, etc... that have boiling points as high as 400°F for some of them and won't evaporate out.
Most E10 and E0 pump fuel has a 50% distillation point between 200-225°F. If the engine is being run at full temperature and showing dilution in the UOA after a long drive, it's likely the actual amount of fuel entering the crankcase is about double that amount. The UOA is only seeing the ~50% that didn't evaporate out.