Nohub connectors are and have been viable watertight connections, this one should be as well. Verify it has the proper national code certifications, and if so, properly installed, should be fine. An alternative is to use the Kerdi system. They each have their good points - primarily in that it is a surface waterproofing system so that none of the body of the shower (pan, cbu, etc.) ever gets wet so the thing dries out quicker.