When Android phones get marketed as "compact" I get excited. Then I actually look at the dimensions and they aren't really compact. Thickness matters in terms of being able to reach across the screen and the Zenfone's thickness will impact that. Even discounting the thickness, it's basically the dimensions of a Galaxy S 21.
Heck, it's an iPhone regular! The iPhone regular is 105 cm^2 and the Zenfone 8 is 101cm^2 compared to an iPhone mini at 84 cm^2. The iPhone mini shaves a lot of size off a regular iPhone - 20%. The Zenfone shaves 3.46% off the iPhone regular's face size while actually being 11.72% larger overall due to its thickness.
Heck, a Pixel 4a is smaller.
Every time I see a "compact" Android phone, they end up being not so compact.