Crossword Genius

Useless device supposed to show wind direction, we’re told (4)

Ross

I believe the answer is:

vain

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'useless' is the definition.
(I've seen this before)

I don't understand the rest of the clue.

Can you help me to learn more?

(Other definitions for vain that I've seen before include "Conceited - or hopeless" , "Conceited and ineffectual" , "Conceited - futile" , "Concieted or pointless" , "Conceited, puffed-up" .)

I've seen this clue in The Times.
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