What some comments seem to be missing is that this device, despite its label, is not a gender changer. A gender changer would have either male on both sides or female on both sides. But this device has one male side and one female side. And it's wired straight through. So it's effectively the world's shortest DE-9 extension cable. The only practical use for it would be to act as a sacrificial connector, I believe.
Since we don't know what they were thinking when they made it, we can only guess whether they intended to make a gender changer but somehow got the wrong ends, or whether they intended to make a straight through M-F sacrificial adapter, and got the wrong label on it. Anyway, it seems to me that someone messed up at least a bit.