They measure ABV directly. Not SG.
WADR, I do not believe that this is correct. If you follow the link you included, it indicates that those hydrometers are for "determining proof of ethyl alcohol spirits." The definition of ethyl alcohol spirit is a mixture of pure water and pure ethanol.
The link you provide indicates that the hydrometers are calibrated under the specifications of Circular 555 National Bureau of Standards for Testing of Hydrometers, which may be found here: https://nvlpubs.nist.gov/nistpubs/Legacy/circ/nbscircular555.pdf
In that document, we read
3.1. Alcoholometers
Alcoholometers may be graduated to indicate the percentage of ethyl alcohol, either by weight or by volume, in mixtures of ethyl alcohol and water, or they may be graduated to indicate percentages of “proof spirit” as defined by the Bureau Internal Revenue, United States Treasury Department.[1]
[1]“Proof spirit” is that alcoholic liquor that contains one-half of its volume
of pure ethyl alcohol of a specific gravity of 0.7939 at 60° F, referred to water
at 60° F as unity. “Gauging Manual,” p. 7. 1938, U. S. Treasury Dept.,
Bureau of Internal Revenue. (The percentage of proof spirit is in every case
twice the percentage of ethyl alcohol by volume at 60°F.)
Put simply, these are hydrometers. They measure specific gravity of solutiuons. They are carefully constructed to be precise and accurate. They do not directly measure alcohol content of liquids. There is no physical mechanisim for a floating glass tube to directly measure alcohol in a solution.