This is a redirect intended to prevent Special:Related changes (WP:RELC) to show unrelated pages. While the target page may be volatile, this Redirect page is stable. When the target page is unrelated to the RELC request, and so not to be shown in the RELC page, this Redirect prevents edits to show up.
Example: {{WikiProject Elements page lists}}. The template is put on multiple pages, while a RELC request should not show unrelated pages (that are needed in the template).