Isocircle — the series
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The ellipse the drawing office draws
Every isometric ellipse template is cut to a construction of four circular arcs, and every account of it calls the result an ellipse. It is not one and cannot be: a circular arc has constant curvature and a conic's varies, so the two can agree at four points and nowhere between. The four-centre curve reaches 2√2/3 of the true semi-major axis — 5.72% short — and its minor axis is 3.53% too long.
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A circle off the coordinate planes
An ellipse template is cut at one ratio, and the ratio is the cosine of one angle: between a coordinate plane's normal and the direction of projection. A face tilted out of that plane needs a different ratio and — the half that gets drawn wrong even when the ratio is close — a major axis pointing somewhere else, perpendicular to the drawn normal rather than to any edge.