git log with %(describe) placeholder does not find most recent tag

Hello there,

What did you do before the bug happened? (Steps to reproduce your issue)

    git log --format='%(describe)' -n1

produces a different result than

    git describe --tags

What did you expect to happen? (Expected behavior)

I expected both to produce (roughly) the same result. At least, reference the same tag.

What happened instead? (Actual behavior)

    git log --format='%(describe)' -n1
    v0.11.0

and

    git log --format='%(describe)' -n1
    v0.3.0-beta-253-g4ccd023

What's different between what you expected and what actually happened?

git log with %(describe) placeholder does not seem to find the most recent tag as git-describe would do. Is this intended?

[System Info] git version: git version 2.33.0 cpu: x86_64 no commit associated with this build sizeof-long: 8 sizeof-size_t: 8 shell-path: /bin/sh uname: Linux 5.14.10-200.fc34.x86_64 #1 SMP Thu Oct 7 20:49:53 UTC 2021 x86_64 compiler info: gnuc: 11.2 libc info: glibc: 2.33 $SHELL (typically, interactive shell): /bin/zsh

[Enabled Hooks]