PieFed allows you to follow pretty much anything - posts that aren't yours, individual comments, users, communities, etc., and it can even allow you to unfollow things too, none of which Lemmy allows.
Lemmy really does seem pretty far behind whenever I start thinking about the feature comparisons between the two. To be fair Lemmy does have a far better search feature and is a tiny bit more polished in some aspects (PieFed can get buggy in places, like there is a Preview option for both posts and comments but somehow it got disabled for top-level comments), but given its current rate of development I'd be surprised if PieFed didn't surpass both aspects in about 3 months time, just as it has already surpassed Lemmy in so many other areas.