In a large pitcher or punch bowl, combine the apple cider, wine, rum (start with ½ cup and use more if you’d like the sangria stronger), apples, and pears.
Add in 1 cup of the pumpkin pie syrup. Stir well, and taste the sangria, adding more pumpkin pie syrup until it reaches your desired level of sweetness and spice (I like about 1 ½ cups). Stir well and chill for at least 30 minutes before serving.
Ladle the sangria into cups, and garnish with the cinnamon sticks and star anise, if desired.